LiteHouse Village - 142 Units (BTR) | 300 Cole st
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LiteHouse Village - 142 Units (BTR) 300 Cole st Lot | Résidentiel | 5,58 ha | À vendre | 3 760 140 € | Princeton, TX 75407
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Approximately 1.5 miles west of the Site is Princeton’s main retail center.
- The Site’s proximity to US 380 offers rapid access to McKinney which is home to numerous major employers.
- Per the Seller, the Site is exempt from the current building moratorium that restricts new housing in Princeton.
- Princeton Middle School and High School are located approximately a quarter mile north of the Site.
- The Site is part of PD-13 and the base zoning is MF-2. The Site is limited to 156 developable units per the PD.
- The Seller will convey at closing the building plans which are near completion for a 142-unit BTR-style product pending final City approval.
RÉSUMÉ ANALYTIQUE
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained to offer the opportunity to purchase a 13.775+/- acre zoned build-to-rent development Site along Cole Street and East Hazelwood Street (County Road 456) in Princeton, TX (“the Site”). Currently in-place is a preliminary plat for 142 cottage style units. However, the Site can potentially accommodate up to 156 units per the base zoning.
The Site is already zoned MF-2 through PD-13 and the Seller has near completed construction plans for the project that will be conveyed at Closing. Additionally, the Seller has indicated that this property is exempt from the city-wide development moratorium. This well located Site is a great opportunity to acquire a development parcel at an attractive price of only $7.25 per square foot.
A 1.5% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity; a third party broker must register their client upon initial contact with VREA.
The Site is already zoned MF-2 through PD-13 and the Seller has near completed construction plans for the project that will be conveyed at Closing. Additionally, the Seller has indicated that this property is exempt from the city-wide development moratorium. This well located Site is a great opportunity to acquire a development parcel at an attractive price of only $7.25 per square foot.
A 1.5% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity; a third party broker must register their client upon initial contact with VREA.
INFORMATIONS SUR L’IMMEUBLE
| Prix | 3 760 140 € | Type de bien | Terrain |
| Type de vente | Investissement | Sous-type de bien | Résidentiel |
| Nb de lots | 1 | Surface totale du lot | 5,58 ha |
| Zonage | Multifamily - Unités MF zonées (MF-2), entièrement autorisées, prêtes à être autorisées, 146 unités BTR. | ||
| Prix | 3 760 140 € |
| Type de vente | Investissement |
| Nb de lots | 1 |
| Type de bien | Terrain |
| Sous-type de bien | Résidentiel |
| Surface totale du lot | 5,58 ha |
| Zonage | Multifamily - Unités MF zonées (MF-2), entièrement autorisées, prêtes à être autorisées, 146 unités BTR. |
1 LOT DISPONIBLE
Lot
| Prix | 3 760 140 € | Surface du lot | 5,58 ha |
| Prix par ha | 674 274,94 € |
| Prix | 3 760 140 € |
| Prix par ha | 674 274,94 € |
| Surface du lot | 5,58 ha |
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CONTACTS
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Jordan Cortez -
Mason John -
Will Droese -
Reid Pierce -
Haley Birmingham -
Alex Johnson -
Tim Marron -
Justin Tidwell -
Vanguard Real Estate Advisors
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LiteHouse Village - 142 Units (BTR) | 300 Cole st
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