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6911 Labores Dr - Las Fincas Phase 1 4.97 Acres of Residential Land Offered at $1,823,505 CAD in Laredo, TX 78043
Investment Highlights
- Across from Freedom Elementary
- Ideal for Multi-Family Development
- Immediate access to Highway 359
Property Facts
| Price | $1,823,505 CAD | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 4.97 AC |
| Property Type | Land |
| Price | $1,823,505 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 4.97 AC |
1 Lot Available
Lot
| Price | $1,823,505 CAD | Lot Size | 4.97 AC |
| Price Per AC | $366,902.42 CAD |
| Price | $1,823,505 CAD |
| Price Per AC | $366,902.42 CAD |
| Lot Size | 4.97 AC |
The property is fully entitled and platted. The property is currently zoned R-1A. Seller will cooperate with a zone change request with a due diligence period for acquire zoning approval.
Description
This property is located adjacent to a 1,100-home site Master Planned Community with phase 1 completed and phase 3 having final plat approval. Located off the growing residential corridor of HWY 359, this property is ideal for multi-family development. Currently, there are no newly built apartment complexes in the area which will allow the developer/investor to “Set the Market” when it comes to rental rates and leasing opportunities. This is a great investment for both a long term operator or investor looking to diversify.
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6911 Labores Dr - Las Fincas Phase 1
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