509 Rio Grande Avenue
$4,000,000
1,106,424 / 25.4
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....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.
- Listed by Steven Honan • Diane Turton, Realtors-Wall
- Listed by Garry Gilbert • Diane Turton, Realtors-Wall
Property Details for 509 Rio Grande Avenue
Complex/Subdivision
None
ZoningResidential
WaterviewNo
DirectionsRoute 9 to the end of Rio Grande Ave.
LISTING UPDATED: 09/06/2024 09:51 AM
Property Details for 509 Rio Grande Avenue
Status | Active |
---|---|
MLS # | 22425834 |
Days on Market | 78 |
Taxes | $6,353 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land/Lots / Residential Land |
Year Built | - |
Lot Size | 25.40 AC |
County | Cape May County |
Building Information for 509 Rio Grande Avenue
Lot Size25.40 AC
Property Information for 509 Rio Grande Avenue
Property History for 509 Rio Grande Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 509 Rio Grande Avenue
This home is within Middle Township Public School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 2 | |||
Public - | 3 to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Middle Township #1 Elementary School PublicPK to 2 | ||
Middle Twp Elementary 2 Public3 to 5 | ||
Middle Township #4 Middle School Public6 to 8 | ||
Middle Twp High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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