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Notes

Buyers premium: 10% Buyers Premium based on the high bid.
Closing: 30-Day closing, sold in As-Is condition, no contingencies.
Deposit Amount: 10% deposit due within 2 business days of being notified that you are the successful high bidder.
Broker Coop: 2% of the high bid will be paid to a properly registered broker at settlement.

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Description

+/- 5.77 AC Multi Family Residential Dev Land

• Zoned R-5, up to 160 Units
• Public Utilities at Site, Flood Zone X
• Cumberland Co location- NOT annexed by Fayetteville
• Poss State/Local Tax Incentives for Housing

Take advantage of today3s great interest rates! Great opportunity for development. Sellers intention was to build 160 units of affordable housing, with tax credit incentives. Public water, sewer at site. There is an old, 1952 house on site, likely a teardown.

Parcel ID#: 0419-74-8408
2019 Tax Assessment: $107,700
2019 Annual Taxes: $1,187.92


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