Owner Finance Available | 2.94-Acre Multifamily Development | Up to 200 Mid-Rise Units | Denison, TX 75020 | Up to 200 Mid-Rise Units For Sale

  • $900,000

2.94 Acres Vacant Land in

Denison, TX 75020

 

Details

Vacant Land

Lot Size

2.94 Acres

Dimensions

400 x 320

Zoning

Planned Development (PD 5338)

Multi-Family Residential) + Local Retail

Utilities

Electric, Water (street)

Flood Zone

No


Additional Details 📌

  • Can accommodate up to 200 mid-rise multifamily units
  • 4-story height potential (56 ft) with up to 80% lot coverage
  • Parking: 1.5 spaces/unit possible
  • Open space: 8% requirement
  • Retail component could be included on the first floor

Financing Terms

Principal

$900,000

Downpayment

$180,000

Interest Rate

7.00%

Amortization

30 Years w/ 5-year Balloon

($682,537.49 at Balloon)

Estimated Monthly Payment

$4,790.18

Price:
$900,000
Address:
Denison, TX 75020
Lot Size:
2.94 Acres
Terms:
For Sale
Property Type:
Land

Call 4696012122 for more details

Call Us!
4696012122