This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Morris Court Subdivision 400 Morris Ct

19 Unit Apartment Building $6,059,684 CAD ($318,931 CAD/Unit) Mcgregor, TX 76657

Investment Highlights

  • 19 Units for sale @ $225,000.00 each

Executive Summary

Morris Court is MSS’ next exciting opportunity to fulfill McGregor’s housing needs. Morris Court is approx. 2 acre tract with 19 townhomes development project which will consist of a seven (7) unit, a six (6) unit, a five (5) unit, and a four (4) unit structures. The City of McGregor has approved the project’s engineering plans which satisfy city zoning requirements. Infrastructure development began the first week of July 2023. Each of the 19 units will have two (2) bedrooms, two (2) bathrooms and encompass approximately 1,100 square feet of living space. The units will be equipped with
modern appliances and finishes. The development will also feature a common court-yard with a gazebo and dog park. The complex will have a structured HOA as required by the city and managed by the developer until the last unit is sold.
The construction phase is expected to take no more than 12-18 months to complete beginning in July 2023. The marketing and sales phase will begin simultaneously with the construction of the townhomes. During MSS’ previous projects, most units were sold prior to the completion of construction. Based on the area demand and commitment of community leaders, MSS expects that all Morris Court units should be sold prior to completion.

Property Facts

Price $6,059,684 CAD
Price Per Unit $318,931 CAD
Sale Type Investment
No. Units 19
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Construction Status Under Construction
Building Size 20,900 SF
No. Stories 2
Year Built 2025

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
34-131500-000100-0
Land Assessment
$19,146 CAD
Improvements Assessment
$0 CAD
Total Assessment
$19,146 CAD
  • Listing ID: 34047153

  • Date on Market: 2024-12-02

  • Last Updated:

  • Address: 400 Morris Ct, Mcgregor, TX 76657

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}