2016 SFR Construction 9-12% Below Market Value in Denton County
- pyazbeck
- Nov 7, 2015
- 2 min read
Key highlights about this opportunity:
Sanger Circle is the only Master Planned Community in Sanger. Amenities will include a clubhouse, pool, park, playground, walking trails, and a greenbelt which will all be completed by Spring 2016.
Homes are all individually deeded, providing multiple exit strategies for an investor
Multiple floor plans available to include 3 Bed/2 Bath and 4 Bed/2 Bath between 1,600 and 2,100 SF
Opportunity to purchase at 9% discount to current subdivision sales comps if the builder closes on lots and funds construction loan, or a 12% discount if the Buyer buys the lot and funds construction
Minimum of 5 Homes Per Transaction
This is an opportunity to purchase new construction in the Sanger Circle subdivision located in Sanger, Texas which is just north of the heart of the Dallas/Fort Worth Metroplex. This is a unique opportunity to own newly constructed single family residential homes within one community, allowing them to be centrally managed. Buyers can choose from a variety of floor plans and layouts and can make decisions on the interior finish out. Buyers can choose to hold properties as rentals or list for sale to homeowners and realize an immediate profit. Sanger Circle offers residents the ability to lease a new home and enjoy the lifestyle of a homeowner in a quiet residential community. The houses offer a modern amenity package which includes stainless steel appliances, granite counter tops, designer lighting and hardware accents, garden tubs, two car garages, and more.
Sanger Circle is situated approximately 1-mile east of I-35, just north of Chapman Road and will consist of over 350 homes upon completion. Its location offers residents direct access to the amenities of a major metropolitan area, extensive labor market, airports and top universities while still retaining a small town quality of life. The area is comprised mostly of successful younger families in newer housing, and the median household income within a 1-mile radius of the property surpasses the national average by 23% according to ESRI. The asset is within 2-miles of several local and regional restaurants, while major retail including Kroger, Albertson’s, Sam’s Club, CVS Pharmacy, Walgreens, Kohl’s, Chick-fil-A, and Starbucks are just 10-miles south of the property in the rapidly growing city of Denton. Outdoor recreation options are abundant with Lake Ray Roberts being just 3-miles east of the community.
To access our entire catalog of active listings, closings & escrows, visit our site.
Comments