Perfect opportunity for a builder to quickly mobilize on 11 permit-ready townhome lots with utilities already in place! Well-located in rapidly growing Alamance County in Burlington near Elon University and I-40 along Church Street, which is full of retail and restaurants. The approved plans call for the 11 remaining townhomes (Lots 1-11) to be built as three buildings — a single 3-unit building and two 4-unit buildings. The approved plans are for 2100-SF and 2300-SF townhomes with front-facing garages.
22-unit community with the other 11 townhomes already built (Lots 12-22) and ready for retail sale (listed with another broker). Contact listing broker for details on a potential wholesale purchase of the 11 townhomes already built. Investor/Builder could control the entire community to either rent out or sell at retail prices to replenish cash during construction or in the future.