$9,250,000 - 23± Acres
Princeton, Texas 75407
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.
Key Features
- Price $9,250,000
- Property Type Land
- Acres 23±
- Utilities City Sewer,City Water
- City Princeton
- Status Active
Other
- City: Princeton
- County: Collin
- State: Texas
- Zipcode: 75407
- Subdivision: Beauchamp Boulevard
Property Map
Directions: Drive south on N Beauchamp Boulevard past Southard Middle School and the site will be on your left.
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