Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
23.339 acres
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Size(acres)
23.339
-
Property Type
Land
-
Property Sub Type
Unimproved Land
Price
-
Sales Price
$7,371,000
-
Zoning
The Site is zoned through PD-29 allowing for 378 multifamily units.
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Leta Horn Smith
-
Middle School
Southard
-
High School
Princeton
Property Features
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Collin
Elementary School
Leta Horn Smith
Middle School
Southard
High School
Princeton
Listing Courtesy of Jordan Cortez , Vanguard Real Estsate Advisors
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