801-887 Ducks Landing, Aberdeen, NC 28315 (MLS# 100482530)

801-887 Ducks Landing, Aberdeen, NC 28315

$14,000,000
Property Type: Comm Sale or Lease Square Footage: 67,640 Lot Size (sq. ft.): 54,200 Status: Active
Current Price: $14,000,000 List Date: 1/08/2025 Last Modified: 1/08/2025

Description

EXCEPTIONAL INVESTMENT OPPORTUNITY featuring 40 newly constructed, two-story townhome units located at 801-887 Ducks Landing in Aberdeen, within the sought-after Ducks Landing Townhome complex, which line the fairway of the 5th hole of The Southern Pines Golf Club, an original Donald Ross Course. This offering has a mix of long-term and short-term rental opportunities, presenting a flexible investment option for a buyer seeking to maximize potential returns. These 3-bedroom, 2.5-bathroom townhomes feature open-concept living areas, premium kitchens with stainless steel appliances and granite countertops, and master suites with walk-in closets. A laundry room with hookups near the bedrooms adds practicality, while attached 2-car garages provide added convenience. The community's proximity to US-1/N Sandhills Blvd and Southern Pines Golf Club further enhances its appeal to discerning renters. Located just minutes from Downtown Aberdeen and Downtown Southern Pines, these units provide unparalleled access to dining, shopping, and recreation. Additionally, the property is a short drive from Pinehurst, the renowned Home of American Golf, further enhancing its appeal to renters and investors alike in this high-demand area. Buyers have the opportunity to acquire all 40 units in the Ducks Landing Townhome complex. This flexibility makes it an exceptional investment opportunity in a high-demand market. Seize the opportunity to invest in Ducks Landing and unlock the potential for exceptional growth and income! This offering includes 40 total units, with 12 owned by one entity and 28 owned by another. Both entities are coordinating to sell their units together, presenting a unique opportunity to acquire the entire complex in a single transaction. 5.8% Proforma Cap Rate

More Information MLS# 100482530

Contract Info

Status: Active Delayed Marketing?: No Marketing Start Date: 2025-01-07 Sub-Type: Improved Garage: N/A Sale/Lease: Sale Listing Price: 14000000 Current Price: $14,000,000 List Price/SqFt: 206.98 Stipulation of Sale: Standard

Location Information

Street #: 801-887 Street Name: Ducks Street Suffix: Landing County: Moore State/Province: NC Zip Code: 28315 City Limits: Yes Subdivision: Ducks Landing Geo Lat: 35.155435 Geo Lon: -79.402845

Remarks and Showing

Directions to Property: Head southwest on US-1 S from Southern Pines to Aberdeen, towards Murry Hill Road. Turn left onto Saunders Blvd, continue for 0.6 miles. Townhomes will be on the left. Sign on Property: No

Building Info

New Construction: No

BuildingExt Features

SqFt - Heated (Primary): 67640

Legal and Taxes

Tax Assessed Value: 12673000 Deed Book: 6092 & 6091 & 6091 Deed Page: 106371374 Legal: DUCK'S LANDING LOT 1 to 40 Broker Owner: No PID: Multiple Tax Identifier: 20230034 Plat Book: 19 Plat Page: 534 Special Assessments: none Tax Year: 2024 Year Built: 2023 Zoning: RM-6 Cobra Zone: No

HOA

Association Name: Ducks Landing Property Owners Association HOA 1 Mgmt. Company: Blackberry Management

Property Features

HOA and Neigh Amenities: No Amenities Parking Features: Attached; Garage; Garage Faces Front Current Use: Multi-Family; Residential Heating System Fuel Source: Electric
Listing Office: Carolina Summit Group, LLC
Last Updated: January - 08 - 2025
801-887 Ducks Landing, Aberdeen, NC 28315- MLS# 100482530
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