Fully entitled land development in opportunity zone. An exciting deal awaits investors and developers in the vibrant Deep Ellum neighborhood, near downtown Dallas! This development involves the construction of a five-story building with 20 units of contemporary, open-layout apartment condos. These 2-bedroom, 2-bathroom units span a total building area of 27,325 sellable or rentable square feet. Standing at approximately 75 feet tall, with 5 stories over the first floor parking, the building features a common rooftop with a walking track, a spacious dog park, and scenic hangout areas, offering stunning views of downtown Dallas. Approved plans, survey and all entitlement documents will convey with the sale. Don’t miss out on this promising investment for those seeking to benefit from the appreciation of this asset through either long-term ownership or the sale of individual units. Also, listed in Crexi and Loopnet.
Property Type :
Land
Subdivision :
Mira Lagos East Ph A
County :
Dallas
Style :
Land
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ByOwner last updated this listing 05/18/2024 @ 17:14
MLS: 438892264
LISTED BY: Breah Brown, Douglas Elliman Real Estate
SOURCE: NTREIS - North Texas Real Estate Information
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
