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Multi-Family and Apartment Investing

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Daniel Burdi
  • Charlotte, NC
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Use of multi-family zoned vacant land

Daniel Burdi
  • Charlotte, NC
Posted Feb 8 2016, 20:17

I recently invested in multi-family property. There are three lots total, all zoned multi-family. Two of the three lots have buildings on them with several units that are all rented. The other lot is completely vacant. Does anyone have any ideas on how this land could be used to generate income.

The property is about three blocks from the beach.

One idea I had thought of was an RV park (only room for about three or four spots) but that would still generate pretty good income. However, it sounds like there might be ordinances preventing this. That said, any other ideas?

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