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$ 1,450,000
Est. payment /mo
New
0 Pecan ST Ludowici, GA 31316
5,256 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 5,256 sqft
Price per Sqft $275
MLS Listing ID SA342332
Style Modular/Prefab
HOA Y/N No
Year Built 2024
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Land
Property Description
Residential Subdivision Development Opportunity - FOUR new construction ranch homes (3 bedrooms, 2 bathrooms each) and six additional residential lots (10 properties total). In the Summer of 2024, seller purchased the 10 lots with access to public water and sewer connections and four modular construction homes from Impact Housing who has a manufacturing center in Baxley, GA, located only 42 miles away from the subdivision. Multiple inquiries have been made about renting or lease purchase options for these four homes. The structure of the selller's financing is not conducive to establish rental agreements with tenants. However, due to the demand for lease to own and rental properties in the local market, this project is an excellent opportunity for “lien lords” and long term buy and hold landlords. The 6 additional lots can be developed with stick-built homes, manufactured or mobile homes.
Location
State GA
County Long
Zoning R1
Interior
Heating Central, Electric
Cooling Central Air, Electric
Fireplace No
Exterior
Water Access Desc Public
Present Use Residential,Single Family
Building
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Modular/Prefab
Level or Stories One
Others
Tax ID Multiple
Ownership Investor
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Special Listing Condition Standard
Listed by ERA Foster & Bond