Development opportunity for a 160-unit Active Adult (55+) residential community. Offered at $3.25 million for the land only or $4.0 million including the completed architectural/site plans and approvals. The project is substantially shovel-ready, with plans currently in the building permit review process and final building permits anticipated soon in couple months. The purchaser’s general contractor would pull the building permit. The current design provides 160 residential units specifically planned for the 55+ / active-adult market. A purchaser may proceed with the existing approved design or modify the plans to meet its development strategy. Ideal opportunity for multifamily, senior housing, active-adult, 55+ residential, or residential developers seeking an advanced-stage development project with significant pre-development work already completed. Masterplan: Requirements: 10% of the units must be available for 80% of market rates rents. Buildings: 4 story wood with stone and siding Utilities: Water, sewer, gas, electric all on Eastfield Road in front of the site Site Amenities: 2 ponds, fishing pier, clubhouse, pool, walking paths, tennis, pickle ball, dog park, putting greens, yard games Within 1 mile: Super Walmart, McDonald’s, Bo Jangles, Gas stations, Car dealerships, Churches, Interstate 485 exchange Within 3 miles: Publix, Aldi, Food Lion, Walgreens, Chick-Fil-A, Dr Offices In current plans: 4 Buildings, 4 Stories each, 160 total rental units, 45 leasable garages.