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ClosePrice: | $660,151 |
Property Type: | commercial_industrial |
MLS #: | 24002020 |
Vanguard Real Estate Advisors has been exclusively retained by Ownership to offer investors and developers the opportunity to purchase an entitled 8.66+- acre multifamily site which allows for up to 207 units out of a larger 10.88+- acre parcel in Quitman, TX. The City of Quitman is strategically located in East Texas approximately 85 miles east of Dallas and 35 miles north of Tyler. The Site is ideally located within the city center of Quitman and is zoned General Business which allows for multifamily development by right and has an executed Chapter 380 Agreement in-place providing a developer an incentive payment as well as tax reimbursements. The Site offers a unique opportunity to purchase a zoned site at a price well below market in an area primed for additional residential units. Ownership also has 2.155+- acres adjacent to the Site, which is slated for hospitality development that they would potentially consider selling in conjunction with the 8.66+- acre tract. | |
Area: | Wood |
Bedrooms: | None |
Bathrooms: | None |
Acres: | 8.66 |
Courtesy: • Vanguard Real Estate Advisors • 214-556-1955
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed.
This content last refreshed on 05/05/2024 01:45 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.