1576 Pine Swamp Road
Fleetwood, North Carolina 28626 United States

$2,200,000
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This is an INVESTOR /DEVELOPER PROPERTY with a high % R.O.I. "Whispering Streams" is a partially (70%) completed Condominium Development with 9 duplex(s) = 18 individual Condo units. 9.092 acres PRIME LOCATION beautifully landscaped grounds with...
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High Country MLS

Phone: 704-655-0586
$2,200,000
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9.09 Acres
Exterior
Villas / Townhouses
2007
Year Built
F1607062104700133
Web Id
201091
MLS ID
44
days ago

About 1576 Pine Swamp Road

This is an INVESTOR /DEVELOPER PROPERTY with a high % R.O.I. "Whispering Streams" is a partially (70%) completed Condominium Development with 9 duplex(s) = 18 individual Condo units. 9.092 acres PRIME LOCATION beautifully landscaped grounds with 2 ponds 2 trout streams, 3 HiVol water wells, N.C. State approved Water Treatment facility built & in place. All underground water, sewer, electric, propane tanks, gas lines are in place. All 18 Condo units are 'Top Quality Craftsmanship re Construction' totally "dried in" with hardy board & real Mt. Stone exteriors, asphalt shingle roofs, electric, plumbing, insulation, sheet rock, T&G Ceilings, stone gas log fireplaces, tub/shower, Pella doors & windows...some units have cabinets installed w/ HW & tile floors. 43,000 sq. ft. under roof. Seller has 4.2 million 100% equity position with existing project completed to date including all infrastructure. Per 2.2 mil Offering = $50.00 per sq. ft. Professional estimate for completion cost @ 1.7 million = $39.00 p.s.f. 6 Month TURNKEY POTENTIAL for IMMEDIATE SALE & R.O.I. all based on $89.00 p.s.f. Market Comps demonstrate potential for 40%++ Return on Investment. YOU DO THE MATH!

Amenities

  •  High Speed Internet
  •  View
  •  Washer / Dryer Hookups
  •  Pond
  •  Wood

features

cooling
Electric, Gas
lot description
Creek, View, Double Pane / Storm Windows