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Multifamily Development Opportunity

217 S Garland Ave Garland, TX 75040

217 S Garland Ave, Garland, TX, 75040
Contact for pricing
For Sale
Contact for pricing
Pending

Offering up to 90% of LP equity for the development of a +/-155-unit multifamily project on 3.7 acres in Garland, TX.

Lot Size3.70 Acres
Days on Market101

Property Features for 217 S Garland Ave

General Information

Standard status
Pending
Lot size
3.70 Acres
Property subtype
Multifamily
Listing agency Red Swan Capital
Listed by Gabriel Nwokedi · License #TX
Source Crexi
Added: Apr 12 Updated: Jul 20 at 6:47PM Checked: Jul 20 at 6:47PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Red Swan Capital


Investment Insights

Based on property information with market context.

RedSwan CRE is pleased to offer an opportunity for qualified investors to participate in the development of Draper Garland, a +/-155-unit multifamily project in Garland, Texas. The offering is for up to 90% of LP equity in the development, with a $3,500,000 equity raise required to move the project forward. LP shares are priced at $1,000 each.

The development will be constructed on approximately 3.7 acres of land at 217 S Garland Ave, Garland, TX 75040.

This listing is presented as an investment opportunity tied to the equity raise for the project’s development, rather than a stabilized operating property sale.

Key Highlights

  • Opportunity to invest up to 90% of LP equity in the development of Draper Garland, a +/-155‑unit multifamily project
  • +/-155‑unit multifamily project planned on 3.7 acres of land in Garland, TX
  • Equity raise: $3,500,000 required to develop the project

Property Analytics

Location Intelligence

Current Use by Public Records

The Draper Real Estate Agency

Suggested Use

Real Estate Agency Big Box & Wholesale Store Restaurant Parking Lot & Garage Pharmacy Auto Parts Store Skin Care Clinic Computer & Electronic Repair Gym & Fitness Center Law Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Offering up to 90% of LP equity for the development of a +/-155-unit multifamily project on 3.7 acres in Garland, TX.
Where is this apartment building located?
The property is located at 217 S Garland Ave Garland, TX.
What are key features of this property?
This property features: Opportunity to invest up to 90% of LP equity in the development of Draper Garland, a +/-155‑unit multifamily project; +/-155‑unit multifamily project planned on 3.7 acres of land in Garland, TX; Equity raise: $3,500,000 required to develop the project
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