Search Land - PRICE REDUCED - Entitled MF Development Site | 378+/- Units | Princeton, TX

PRICE REDUCED - Entitled MF Development Site | 378+/- Units | Princeton, TX

price

$7,371,000|Listed: May 16, 2024

MLS#1202937

location

1300 N Beauchamp Blvd, Princeton, Collin County, Texas

Status:Active

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Property Type

  • Acreage

Acreage

23.34 acres

County

Collin, Texas

Format

Sale

Documents

Marketing Flyerdownload
Princeton MF Marketing Flyerdownload

Description

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer developers and investors the opportunity to purchase a 23.34+/- acre entitled shoveled

ready multifamily development Site located at 1300 North Beauchamp Blvd in Princeton, TX (the “Site”). The Site currently has plans in place for a 378 unit, 3-story, garden-style build out. The Seller will convey existing architectural plans, engineering plans, and select third party reports at closing. The Site has frontage along North Beauchamp Boulevard and Longneck Road, it is also one mile north of US 380 which is the major east-west thoroughfare of the city. Also, in immediate proximity are both Southard Middle School and JM Caldwell Sr. Community Park. This well-located Site is a great opportunity to acquire a development parcel at an attractive and recently reduced price of only $19,500 per developable unit, down from $24,470 per unit.

To gain access to the marketing brochure and full Due Diligence Vault click on the link below:

https://docsend.com/view/s/b4cixm2peqhrue5b

Listing Agent

img

Jordan Cortez

Co-Op Member Owner

company

Vanguard Real Estate Advisors

location

Dallas

Co-op approved lenders in Collin County, Texas:
Farm Credit
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