509 Rio Grande Avenue Active

Rio Grande,NJ 08242

$ 4000000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 22425835

Annual Tax Amount $6,353

Tax Year 2023

Lot Size 25.400 Acres

Property Description

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.

Location

State NJ

County Cape May

Area None

Interior

Heating See Remarks

Exterior

Garage None

Building

Sewer Public Sewer

Water Public

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