About 509 Rio Grande Avenue
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.
Features of 509 Rio Grande Avenue
| MLS® # | 22425834 |
|---|---|
| Price | $4,000,000 |
| Bathrooms | 0.00 |
| Acres | 25.40 |
| Type | Land/Lots |
| Sub-Type | Residential Land |
| Status | Active |
Community Information
| Address | 509 Rio Grande Avenue |
|---|---|
| Area | Middle (MDL) |
| Subdivision | None |
| City | Rio Grande |
| County | Cape May |
| State | NJ |
| Zip Code | 08242 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Irregular Lot |
|---|
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Agent | Steven Honan |
|---|---|
| Office | Diane Turton, Realtors-Wall |