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602 Multifamily Pre-Approved on 28 Acres

$7,800,000

Description

This 28.03 acre site, conveniently placed between I-49 and Hwy 112, is a premier investment opportunity for multi-family development. Approved for 602 residential units, this site is ideal for investors and developers looking to capitalize on Fayetteville’s expanding housing market. With high-density zoning already in place, the property is well-positioned for a large-scale apartment community, build-to-rent project, or mixed-use development. Highlights include: Raw land with access to city water, sewer, and electric. High-Density Zoning maximizing development potential. Strategic Location Near I-49 and Hwy 112, providing easy connectivity to key employment and retail centers. Rapid Growth Area, West Fayetteville is experiencing strong residential and commercial expansion infrastructure access simplifies the development process. Increasing rental demand driven by population and job growth.
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Engel & Völkers

Your advisor: Brent Underwood

Property ID: AM-5081919

Property details
  • Object type

    Land

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