This exceptional 8-acre lot in the heart of High Point, North Carolina represents an exciting opportunity for rental property entrepreneurs. Zoned RM-16 Multi-family, this lovely space in Guilford County will accommodate 16 units per acre—that’s a generous total of 128 allowable living units. It’s the perfect spot for an apartment complex in one of the most sought-after, growing residential communities in the entire state. The property itself is exceedingly lovely, lushly treed. The lot has city water, sewer, and electricity available. It is nearly ready to be transformed into the rental property of your dreams, but one thing it does not have yet is access, so a survey/easement will still be needed. It’s important to point out that this aspect is an incredible advantage for a savvy buyer. The fact that this detail has yet to be taken care of is reflected in its pricing.
Listing courtesy of Sell Your Home Services LLC.