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- LoopNet Team
White Hill Rd
Stuarts Draft, VA 24477
Multifamily at Overlook Subdivision · Land For Sale
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4.86 AC
INVESTMENT HIGHLIGHTS
- Mountain Views
- Storm Water Management in Place
- Within an Established Neighborhood
PROPERTY FACTS
DESCRIPTION
The Overlook subdivision is a very popular neighborhood in Augusta County due to its beautiful views. The multi-family apartments are already approved with no proffers and there is already a successful multi-family unit in the neighborhood. This site would allow for 96 units, 4 stories high, storm water management is already in place, and the location could not be better. It is just minutes from I-81, I-64, restaurants, and shopping. It sits almost directly off of Route 340 and is in a desirable school district. The permitted density is as follows: 1-Story: 8 units/acre 2-Story: 12 units/acre 3-Story: 16 units/acre 4-Story: 20 units/acre
