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 Real estate investors looking for "ground Floor" land investments are finding pre-construction planned communities to be the perfect opportunity. With the majority of land being primary and second home locations, a smart investor gains the benefit of being in a desirable neighborhood location with only a small percentage of other investors. As property values increase in these developments at a rapid rate, the time to make your investment move has never been better than today.
RiverSea Plantation Project Description: Boasting a waterfront stage that has been shaped by the Carolina coastline and has endured for generations, this premier gated community embraces the abundant pleasures of both the North and South Carolina coasts. Enjoy days of cruising, fishing, grilling, and swimming for a life truly lived. The generously sized home-sites offer direct access to the Lockwood Folly River, as well as the Atlantic Ocean. Prices range from the low $200's to the high $500's.
Project Location: This waterfront community is located on the southern coast of North Carolina. Nestled between Myrtle Beach, SC and Wilmington, NC the area is surrounded by idyllic island beaches and the Atlantic Intercoastal Waterway, which is located close to the historic fishing town of Southport. Un-crowded beaches away, including Oak Island, Caswell Beach, Holden Beach, Ocean Isle, Sunset Beach and Bald Head Island are only a short drive or boat ride away.
Price Rationale: Brunswick County is ranked # 1 in all the Carolinas for price appreciation. We have already seen prices in this developer's communities increase approximately 35% each year, over the last few years. Sales volume has also increased in the range of 55% over last year. The high end luxury second home market in this area is absolutely red hot. In fact, escapehomes.com ranks it in the Top 5 for the entire United States for second home location choices. Based on current prices, area historical data and future trends, we think RiverSea has a lot of upside and potential, and is currently undervalued. We also see record sales from some of the other communities in the area, further establishing a new minimum level of $220,000 and up for the Brunswick County area.
Find out more about RiverSea Plantation Southport NC. |
