5.77 AC Multi Family Residential Dev Land

Real Estate Auction in 1135 Shaw Rd, Fayetteville, North Carolina, United States

27 Wednesday
27th January, 2021 12:00 PM

5.77 AC Multi Family Residential Dev Land

Real Estate Auction in 1135 Shaw Rd, Fayetteville North Carolina, United States

Wednesday at - 27th January , 2021

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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


Please be sure to download the Property Information Package by clicking on the words above under “DOCUMENTS.” By downloading this package you will alert Tranzon Fox to your interest in this property and you will receive emails with any updates on this auction. The package contains information needed to participate in bidding at auction.

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Location has been calculated by address and may not be 100% accurate.

Auction Items For Sale

+/- 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


Please be sure to download the Property Information Package by clicking on the words above under “DOCUMENTS.” By downloading this package you will alert Tranzon Fox to your interest in this property and you will receive emails with any updates on this auction. The package contains information needed to participate in bidding at auction.

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