2508 Newcastle Street

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

2508 Newcastle Street

Brunswick, GA 31520
Asking Price
$775K
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

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>

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
10.32%
DSCR
1.74
Strong
Cash-on-Cash
14.62%
Monthly Payment
$3,834.277
Annual Cash Flow
$33,988.674

Location & Travel Times