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Search Land - 11.61+/- Acres | Zoned Multifamily Site | Celina, TX

11.61+/- Acres | Zoned Multifamily Site | Celina, TX

$6,399,000
Celina, TX
Status: Active
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Property Type
Acreage
Acreage
11.61 acres
County
Collin, TX
Format
Sale
Features
N/A
List Date
Apr 1, 2024
Documents
Flyer
Description
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer developers and investors the opportunity to purchase a 11.61+/- acre zoned multifamily development Site located along North Legacy Drive (one block off Preston Road) in Celina, Texas. With approved MF-2 zoning, the Site per Ownership allows for a maximum of 28 units per acre. The Site is a part of the Chalk Hill mixed-use development, which upon completion will contain approximately 440 single family homes, multifamily, commercial, and community walking paths. The Site represents an unbelievable opportunity to acquire a zoned Site at a basis of only $20,250 per unit based on the 316 units shown in the concept plan. There is a 1.5% co-broker fee available to a broker that sources a principal that VREA has not contacted or sent information to regarding this opportunity. To gain access to the marketing brochure and full Due Diligence Vault click on the link below: https://docsend.com/view/s/mhfw429ymie3y...
Listing Agent
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Jordan Cortez
Co-Op Member Owner
Vanguard Real Estate Advisors
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