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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
24395439
24395440

1300 S Powell Pkwy, Anna, TX 75409

Onyx Legacy Group
Listed by Onyx Legacy Group
$5,000,000
1056 days on market
Updated 72 days ago

The Anna TX Multifamily Development Opportunity

Details
Property Type Land, Multifamily
Sub Type Residential
Units 202
Class A
Acreage 10.960
Zoning MF
Ownership Fee Simple

Land | 10.96 acres

Marketing description

Onyx Legacy Group is pleased to present the Anna Apartments development opportunity located in Anna, TX. The current site conception included both traditional units as well as townhomes.

Property is zoned multifamily, with recent plans set for 192 units and 10 townhomes. The city of Anna is not allowing parcels to be re-zoned to multifamily for the foreseeable future.

The area is a fast-growing section of the metroplex often overshadowed by other northern suburbs in Collin County. Areas of the submarket with excellent highway access, such as George Bush Tollway, are just as close to office jobs in Uptown and Downtown Dallas as northern towns like Frisco and McKinney. Most local employment growth falls within the manufacturing and distribution sectors.

The property is in the path of growth in one of Texas's most desired cities. Developers seeking a multifamily opportunity with economies of scale in one of America's best markets should strongly consider the Anna Apartments development opportunity.

Seller is motivated.

Listing Contacts

Onyx Legacy Group
Listed by Onyx Legacy Group

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