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
2.94 Acres Vacant Land in
Denison, TX 75020
Details
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Vacant Land
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Lot Size
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2.94 Acres
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Dimensions
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400 x 320
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Zoning
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Planned Development (PD 5338)
Multi-Family Residential) + Local Retail
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Utilities
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Electric, Water (street)
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Flood Zone
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No
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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
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Principal
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$900,000
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Downpayment
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$180,000
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Interest Rate
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7.00%
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Amortization
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30 Years w/ 5-year Balloon
($682,537.49 at Balloon)
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Estimated Monthly Payment
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$4,790.18
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- Price:
- $900,000
- Address:
- Denison, TX 75020
- Lot Size:
- 2.94 Acres
- Terms:
- For Sale
- Property Type:
- Land
Call 4696012122 for more details