$1,450,000

Residential Subdivision Development Opportunity - FOUR new construction ranch homes (3 bedrooms, 2 bathrooms each) and six additional residential lots (10 properties total). In the Summer of 2024, seller purchased the 10 lots with access to public water and sewer connections and four modular construction homes from Impact Housing who has a manufacturing center in Baxley, GA, located only 42 miles away from the subdivision. Ludowici is a small incorporated city of 1,590 people in Long County (county’s population was reported to be 16,690 in the 2020 Census). Long County neighbors Liberty County, which is home to Fort Stewart Army and National Guard Military Base. Long County is also approximately a one hour drive to the historic Savannah riverfront and its large international shipping port. Brunswick, GA, another major shipping and rail hub, is about an hour and 15 minute drive. Multiple inquiries have been made about renting or lease purchase options for these four homes. The structure of the selller’s financing is not conducive to establish rental agreements with tenants. However, due to the demand for lease to own and rental properties in the local market, this project is an excellent opportunity for “lien lords” and long term buy and hold land lords. The 6 additional lots can be developed with stick-built homes, manufactured or mobile homes.