1300 N Beauchamp Boulevard, Princeton, Texas 75407
- $9,250,000
- List Price
- $9,250,000
- MLS#
- 20619978
- Status
- ACTIVE
- Type
- Land
- County
- Collin
- City
- Princeton
- Subdivision
- Beauchamp Boulevard
- Development
- Zoned
Property 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 shovel 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. This well-located Site is a great opportunity to acquire a shovel ready development parcel at an attractive price of only $24,470 per developable unit. A 1% co-broker fee is available to a Co-Broker that sources a Principal that VREA has not previously contacted in any format or sent information regarding this opportunity.
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Additional Information
- HOA
- No HOA
- Lot Size
- 1,016,646
- Acres
- 23.34
- Lot Description
- Acreage
- Subdivided
- No
- Street Utilities
- City Sewer, City Water
- School District
- Princeton Isd
- Elementary School
- Leta Horn Smith
- Middle School
- Southard
- High School
- Princeton
- Possession
- Closing/Funding
- Zoning
- The Site is zoned through PD-29 allowing for 378 multifamily units.
- Possession
- Closing/Funding
- Ag Exemption
- Yes
- Restrictions
- None
- Easements
- Electric, Utilities, Water Lines
Mortgage Calculator
Listing courtesy of Jordan Cortez from Vanguard Real Estsate Advisors. Contact: 214-556-1951