931 Matador Ln | Mesquite, TX 75149
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931 Matador Ln
Mesquite, TX 75149
Land For Sale · 0.87 AC
Executive Summary
Are you looking for a prime piece of land to develop your next project Look no
further! We have the perfect opportunity for you – a land ready to be developed
into a 10 unit apartment complex. And the best part All plans and approvals by
the city are included in the sale.
Located in a desirable area, this land offers endless possibilities for investors
and developers. With all the necessary approvals in place, you can save time
and money on the lengthy and often complicated process of obtaining permits
from the city. This means you can start construction right away and get your
project up and running in no time.
The 10 unit apartment complex is a great investment opportunity, as the
demand for rental properties continues to rise. With a total Development Cost estimated a $2.5M, and future value of $4.2M at a 5.5% Cap Rate.
further! We have the perfect opportunity for you – a land ready to be developed
into a 10 unit apartment complex. And the best part All plans and approvals by
the city are included in the sale.
Located in a desirable area, this land offers endless possibilities for investors
and developers. With all the necessary approvals in place, you can save time
and money on the lengthy and often complicated process of obtaining permits
from the city. This means you can start construction right away and get your
project up and running in no time.
The 10 unit apartment complex is a great investment opportunity, as the
demand for rental properties continues to rise. With a total Development Cost estimated a $2.5M, and future value of $4.2M at a 5.5% Cap Rate.
PROPERTY FACTS
1 Lot Available
Lot
| Price | $711,065 CAD | Lot Size | 0.87 AC |
| Price Per AC | $817,880 CAD |
| Price | $711,065 CAD |
| Price Per AC | $817,880 CAD |
| Lot Size | 0.87 AC |
Lot ready to be developed with all city approvals for a 10 Unit Apartment Complex. Sale includes all plans and breakdown of costs. Total project cost estimated at $2.5M with an estimated future value of $4.2M at a 5.5% Cap Rate.
Description
Land ready to be developed with all city approvals and required for this project.
zoning
| Zoning Code | Z243 |
| Z243 |
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