1216 Interstate Highway 30 - Hospitality FOR SALE


Greenville, TX 75402
$1,100,000 USD
505-414-9015
1216 Interstate Highway 30, Greenville, TX for Sale
$1,100,000 USD
Hospitality - FOR SALE
1/32
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1216 Interstate Highway 30
Greenville, TX 75402


HIGHLIGHTS

  • Well-positioned property with a promising foundation into a thriving residential asset in a high-demand location.
  • High visibility off I-30.
  • Comes with city-submitted plans for a 71-unit multi-family development, allowing for a streamlined path from purchase to build-out.

OVERVIEW

Discover a rare investment property with excellent structural integrity (good bones) and prime potential, ideally located with high visibility off I-30. This property has been rezoned and approved for multi-family development, presenting an exceptional opportunity to bring a new residential community to a well-connected area. The property comes with city-submitted plans for a 71-unit multi-family development, allowing for a streamlined path from purchase to build-out. With proximity to major highways, commuters and residents alike will benefit from convenient access to nearby amenities and services. This is an ideal site for investors or developers looking to create a high-occupancy, modern residential community. Seize this opportunity to transform a well-positioned property with a promising foundation into a thriving residential asset in a high-demand location.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$18 USD /SF

# OF ROOMS

101

PRICE/ROOM

$10,891 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1983

PARKING SPACES

94

LAND DETAILS

LAND ACRES

3.09 AC

LAND SF

134,600 SF

ZONING

Multi-Family

APN/PARCEL ID

46044,95183

ASK ABOUT THIS PROPERTY

Dominique HornRegal RealtorsMore Info
505-414-9015

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Dominique HornRegal RealtorsMore Info
505-414-9015

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