$4,000,000
Active
36 Days Online
0 Beds0 Baths0 SQFT
Active

509 Rio Grande Avenue Rio Grande, NJ 08242

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Land to be sold with +/- 128 Unit Apartment/Condo Complex approval. Seller has preliminary approvals in place for 128 units to be built in Middle Township, Cape May County. This property is a great opportunity to an investor/developer looking for a turnkey multifamily project. Seller is in process of obtaining full, non-appealable approvals for 128 units. Current preliminary plans call for: 1 Bedroom - 32 Units 2 Bedroom - 64 Units 3 Bedroom - 32 Units 26 Units are allotted for Affordable Housing. Call for more information.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyCape May
  • Taxes$6,353
  • HOA/Condo/Coop Fees$0
  • Days on Site35 Days
  • MLS StatusActive
  • MLS ID Number22425835
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size25.4 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking None
  • Sewer Public Sewer
  • Number of Stories 0
  • Acreage 25.4
  • Water Public
  • Property Sub Type Multi Family
  • Garage Spaces 0

Interior Features

  • Heating See Remarks
  • Fireplaces 0

Exterior Features

  • Spa No

Community Features

  • MLS Area None

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Monthly Payment (Est.)

$19,849
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