1205 Wind Sail Drive

Wilmington, NC, 28401

$2,199,000

$2,199,000
Active
Active
 - For Sale
property_type
Land
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)
MLS ID:
100278283
Updated:
12/9/21
Coldwell Banker Sea Coast Advantage
The Carolinas Finest

Exterior/Building Features

Lot Size
16.0 acres lot

School Information

High School
New Hanover
Middle/Jr High
Holly Shelter
Elementary School
Wrightsboro

Other Property Details

HOA Amenities
No Amenities
Attached Garage
No
View
N
County
New Hanover

 

Courtesy of Intracoastal Realty Corp

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Data last updated 8:00 AM UTC, 12/9/21

Coldwell Banker Sea Coast Advantage
The Carolinas Finest
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