Raw land in Heritage Wake Forest that according to current Wake Forst zoning would accomodate 218 unit multi-family complex. TOPO is rolling with new-growth hardwoods. Power easment on one corner of propertry. Additional land is available at $100,000/ac to increase the number of units.
The only other market rate apt complex in Heritage Wake Forest has a 98% occupancy
Water, sewer and natural gas are on the property.
Ideal location in Heritage Wake Forest - a planned community of over 2,000 acres of residential, institutional, and commercial development. Many parks and greenways nearby. Abundant shopping, new elementary, middle,and high schools within walking distance in the subject property.
Only 25 minutes from downtown Raleigh and Raleigh-Durham International Airport. Just 30 minutes away from numerous high-tech employers in the Research Triangle Park. NC State University, Duke University, and UNC Chapel Hill are all within a short commute from this site.
Location Location Location ! ! !
This site is ideal for development of a Mid- to High-Range apartment or townhome complex. Only one other multi-family complex in Heritage boasting a 95%+ occupancy rate.
Close to EVERYTHING.
Great location for Commuters!
Priced right for immediate sell.