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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.

PROPERTY FEATURES

Utilities : City Sewer,City Water Easements : Electric,Utilities,Water Lines
Lot Features : Acreage
Zoning Description : The Site is zoned through PD-29 allowing for 378 multifamily units.

PROPERTY DETAILS

Street Address: 1300 N Beauchamp Boulevard
City: Princeton
State: Texas
Postal Code: 75407
County: Collin
MLS Number: 20619978
Courtesy of Vanguard Real Estsate Advisors

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