5.7 ACRE Multi-Family Development OpportunityZoned R5 with public water and sewer available at the site. Located in Cumberland County (not annexed by Fayetteville)—potential for state and local tax incentives for housing development.Previously planned for ~160 units of affordable housing with tax credit incentives, making this a strong opportunity for builders and developers looking to capitalize on demand.Property is in Flood Zone X. Existing 1952 home on site of no value.Take advantage of current market conditions and position yourself for your next development project.
Listed by ANTHONY SMITH, MOULTRIE AND MCCLOSKEY PROPERTIES.
