2508 Newcastle St - Apartments FOR SALE


Brunswick, GA 31520- Downtown Brunswick
$775,000 USD
912-313-2424
2508 Newcastle St, Brunswick, GA for Sale
$775,000 USD
Apartments - FOR SALE
1/37
null | Request Cap Rate

2508 Newcastle St
Brunswick, GA 31520
Downtown Brunswick


OVERVIEW

Seize a premier opportunity in the heart of Brunswick’s coastal growth. This .72-acre site features a partially constructed six-story frame, serving as the foundation for a landmark condominium complex. Positioned to offer breathtaking views of the river, marina, and Glynn County marshes, the property is designed for versatility; current plans accommodate 20 units, though the layout can be customized for 6 to 20 luxury residences. Located just minutes from the revitalizing energy of downtown Brunswick, this prime location offers the perfect blend of serenity and urban accessibility. As an added bonus the property is also located in a HUD opportunity zone. For developers looking to expand, the adjoining .80-acre lot at 2520 New Castle St is also available for purchase. The seller is highly motivated and open to creative transitions, including owner financing and joint venture partnerships. Don’t miss your chance to define the new standard of coastal living in this charming, rising city. Proposed floor plans and layout are available.

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$52 USD /SF

# OF UNITS

20

PRICE/UNIT

$38,750

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

HC

APN/PARCEL ID

01-04114,01-04116

ASK ABOUT THIS PROPERTY

George MeyersMia Madison PropertiesMore Info
912-313-2424

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George MeyersMia Madison PropertiesMore Info
912-313-2424

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.