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3105 Northwest BlvdGeorgetown, TX 78628

28 Units, Shovel-Ready Investment

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 28-unit townhome portfolio in Georgetown, Texas, presents a unique investment opportunity. Located at 3105 Northwest Blvd, 78628, Williamson County, this project, known as The Grove, is essentially shovel-ready, having overcome significant initial hurdles. A previous developer completed extensive pre-development work, including site work valued at over $1 million, resulting in fully developed pad sites. Many city fees have already been paid, significantly reducing the time and cost associated with obtaining necessary permits. The project includes comprehensive documentation, ready for transfer to the new owner at closing. This package encompasses geotechnical reports, architectural and civil engineering plans, condo documents, construction drawings, floor plans, landscape plans, property management plans and projections, specifications, and structural engineering details. While the project requires renewed city paperwork and the engagement of a general contractor to complete construction, the substantial groundwork already completed minimizes risk and accelerates the development timeline. This represents a compelling opportunity to acquire a nearly fully-prepared multifamily development in a desirable Texas location. The property's prime location in Georgetown offers strong potential for rental income or resale upon completion.

Highlights

  • 28-unit townhome portfolio investment opportunity in Georgetown, TX.
  • Shovel-ready project with over $1M in completed site work.
  • Located at 3105 Northwest Blvd, 78628, Williamson County.
  • Significant pre-development work completed, including many paid city fees.
  • Comprehensive documentation package included at closing.

Property Details for 3105 Northwest Blvd

Property type
Residential income homes

Location Insight

City
Georgetown
County
Williamson
State
Texas
Latitude
30.667129683837
Longitude
-97.685268308884
3105 Northwest Blvd, Georgetown, Texas

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3105 Northwest Blvd
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