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2508 Newcastle St 20 Unit Apartment Building $1,053,613 CAD ($52,681 CAD/Unit) Brunswick, GA 31520
Executive Summary
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.
Property Facts
| Price | $1,053,613 CAD | Building Class | C |
| Price Per Unit | $52,681 CAD | Lot Size | 0.79 AC |
| Sale Type | Investment | Construction Status | Final Planning |
| Sale Condition | Building in Shell Condition | Building Size | 20,460 SF |
| No. Units | 20 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 6 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Mid-Rise | ||
| Zoning | HC | ||
| Price | $1,053,613 CAD |
| Price Per Unit | $52,681 CAD |
| Sale Type | Investment |
| Sale Condition | Building in Shell Condition |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.79 AC |
| Construction Status | Final Planning |
| Building Size | 20,460 SF |
| Average Occupancy | 0% |
| No. Stories | 6 |
| Opportunity Zone |
Yes |
| Zoning | HC |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $76,132 CAD | |
| Land Assessment | $41,873 CAD | Total Assessment | $118,005 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$41,873 CAD
Improvements Assessment
$76,132 CAD
Total Assessment
$118,005 CAD
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2508 Newcastle St
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