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Condo Development in a HUD Opportunity zone with marsh and water views. <p>The current plans accommodate up to 20 units, though the layout can be customized for 6 to 20 luxury residences. 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. </p>
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.