Download Offering Materials: Morris Landing at Surf City Development Site

Capstone is pleased to present the Morris Landing at Surf City Development Site, a 22.8-acre, zoned and entitled multi-family site located in Holly Ridge, North Carolina. Morris Landing at Surf City is approved for 70 build-for-rent or build-for-sale units by-right. The project presents developers with the rare opportunity to acquire a site that includes fully approved plans, as well as 100% completed engineering drawings for 70 units. With the majority of upfront work completed, developers can focus on immediately initiating construction and capitalizing on the robust growing market of Holly Ridge. Additionally, Morris Landing at Surf City is located within close proximity to the hottest vacation locations in North Carolina. The site is situated in a prime location within proximity to all major attractions, including Topsail Beach and Ocean City Beach. Additionally, the site’s convenient location provides easy access to an abundance of restaurants, shops, and entertainment options. The zoned and entitled site presents developers with a unique opportunity to deliver a new product to the growing market of Holly Ridge.

Investment Highlights
Development Flexibility | Build as For-Rent or For-Sale Product By-Right
Zoned & Entitled for 70 Individual Lots
Centrally Located to the Hottest Vacation Spots in North Carolina
Proven For-Sale New Construction Demand & BTR Surge
Red-Hot Market with Explosive Growth