Search Land - PRICE REDUCED - Entitled MF Development Site | 378+/- Units | Princeton, TX
PRICE REDUCED - Entitled MF Development Site | 378+/- Units | Princeton, TX
$7,371,000|Listed: May 16, 2024
MLS#1202937
1300 N Beauchamp Blvd, Princeton, Collin County, Texas
Status:Active
Property Type
- Acreage
Acreage
23.34 acres
County
Collin, Texas
Format
Sale
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

Jordan Cortez
Co-Op Member Owner
Vanguard Real Estate Advisors
Dallas
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