Saginaw Multifamily Land Development opportunity located in Saginaw, Texas. The property is currently zoned MF-1 which allows for 18 units per acre density. This allows for immediate kickoff to development of a garden style apartment project or a townhome development. A similar site nearby is currently under construction for approximately 24 units per acre and was originally zoned MF-1. This site offers an opportunity for an expedited return.
The development site is conveniently located with quick access to Interstate 820 and within 10 miles to the downtown Fort Worth.
The property benefits from strong demographics, serving a five-mile radius population of approximately 204,000 residents and within a three-mile radius an average household income exceeding $100,000. Since 2006 the city has ranked among the top 25 fastest-growing cities in the country.
The Saginaw Multifamily Land Development provides an expedited opportunity to developed an apartment or townhome community in the top ranked DFW Metroplex.