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    1205 Wind Sail Drive

    Wilmington, NC 28401
    • $2,199,000
    • STATUS: Active
    • ON SITE: 89 days
    • MLS #: 100278280
    UPDATED: 59 min ago
    $2,199,000
    • 0
      BEDS
    • 16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    Excellent income producing investment that adjoins the Ness Creek portion of the Cape Fear River in the quickly developing Castle Hayne market. The property is subdivided into 33 individual lots, 17 of which have fully leased modular homes that generate in excess of $17,000 a month in revenue. The existing layout facilitates further horizontal residential development with the opportunity to grow revenue immediately. The subject property is located less than 5 miles from Downtown Wilmington with nearby access to US Hwy 421, US 74/76, US 1-140, and I-40. The location provides easy access to the New Hanover, Brunswick, and Pender County Beaches. The Castle Hayne/Wilmington market boasts one of the country's most robust residential growth markets, with residential developments selling at premium prices due to a regional shortage in available housing. Financials are available with an executed NDA. Multiple access options are available. (See Survey Attached)

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    © 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-09-23T10:57:40.877.
    www.watermarkrealtygroup.com/homes/118732851
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    1205 Wind Sail Drive Wilmington, NC 28401

    • Price: $2,199,000
    • Status: Active
    • Updated: 59 min ago
    • MLS #: 100278280
    0
    Beds
    0
    Baths
    0
    ½ Baths
    16
    Acres
    Neighborhood:
    Other
    County:
    New Hanover
    Area:
    Wilmington
    Property Description
    Excellent income producing investment that adjoins the Ness Creek portion of the Cape Fear River in the quickly developing Castle Hayne market. The property is subdivided into 33 individual lots, 17 of which have fully leased modular homes that generate in excess of $17,000 a month in revenue. The existing layout facilitates further horizontal residential development with the opportunity to grow revenue immediately. The subject property is located less than 5 miles from Downtown Wilmington with nearby access to US Hwy 421, US 74/76, US 1-140, and I-40. The location provides easy access to the New Hanover, Brunswick, and Pender County Beaches. The Castle Hayne/Wilmington market boasts one of the country's most robust residential growth markets, with residential developments selling at premium prices due to a regional shortage in available housing. Financials are available with an executed NDA. Multiple access options are available. (See Survey Attached)
    Exterior Features

    Location Type Mainland Lot Dimensions irregular

    Interior Features

    Sq Ft Total Available 1120.00

    Property Features

    Auction No City Limits No Cobra Zone No Hoa Amenities No Amenities Hoa YN No New Construction No Property Taxes 296.64 Sale Lease Includes Land Secondary Subdivision N/A Stipulation Of Sale None Tax Year 2020 Zoning R-20



    Listing information © 2021 NCRMLS
    Listing provided courtesy of Marcello M Caliva of Intracoastal Realty Corp.


    © 2021 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data last updated 2021-09-23T10:57:40.877.
     
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    Watermark Realty Group
    PO Box 1326
    Jacksonville NC, 28541