512-717-3073
1018 Olympic Dr, Pflugerville, TX for Sale
Apartments - FOR SALE
1/6
null | Request Cap Rate

1018 Olympic Dr
Pflugerville, TX 78660


HIGHLIGHTS

  • Fully Entitled Multifamily and Commercial Development Site

OVERVIEW

Avison Young proudly presents for sale this 10.34 acre, 192-unit multifamily and 65,000 square foot commercial development parcel in Pflugerville, Texas. This property is conveniently located at the NWC of Immanuel Drive and Wells Branch Parkway and boasts excellent access to SH130 and major area employers. Exponential residential and population growth has made Pflugerville a household name. This property is surrounded by nearly 1,500 single-family homes with more expected to come online in the quarters ahead. The property is fully platted and shovel ready following a 12+ month entitlement process with the City of Pflugerville. Buyer will be able to break ground on grading and public improvements immediately upon closing. All civil permit approvals have been received and the building permits would be released upon payment. Upon closing, Buyer will assume: • Plat (upon replacement of collateral) • SDP Permit (fully approved Civil plans) • Fully Approved Public Improvement Plans • Full Drawing Set • Building Permit (upon payment) With few new multifamily developments gaining approval from the city of Pflugerville recently and extremely low retail vacancy rates, this property is unlikely to encounter much competition and thus excellently positioned for success.

FOR SALE DETAILS

PRICE

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# OF UNITS

192

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Wylde

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2027

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10.42 AC

LAND SF

453,807 SF

ZONING

GB1

APN/PARCEL ID

768166

ASK ABOUT THIS PROPERTY

Sullivan JohnstonAvison YoungMore Info
512-717-3073

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Sullivan JohnstonAvison YoungMore Info
512-717-3073

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.