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® # | 22425835 |
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Price | $4,000,000 |
Bathrooms | 0.00 |
Acres | 25.40 |
Type | Commercial Sale |
Sub-Type | Multi-Family |
Status | Active |
Community Information
Address | 509 Rio Grande Avenue |
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Area | Middle (MDL) |
Subdivision | None |
City | Rio Grande |
County | Cape May |
State | NJ |
Zip Code | 08242 |
Amenities
Parking | None |
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Is Waterfront | No |
Has Pool | No |
Interior
Heating | See Remarks |
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Fireplace | No |
Additional Information
Short Sale | No |
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RE / Bank Owned | No |
Listing Details
Agent | Steven Honan |
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Office | Diane Turton, Realtors-Wall |