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Sonoma Trail & SH-34 Ennis TX - Ennis Gateway Multifamily 12.35 Acres of Commercial Land in Ennis, TX 75119



INVESTMENT HIGHLIGHTS
- 26 Units per Acre
- Adjacent to a parcel owned by HEB
- Located within an Opportunity Zone
- Market Rate Only - City will not support a LIHTC Development
DATA ROOM Click Here to Access
- Offering Memorandum
- Miscellaneous
PROPERTY FACTS
| Sale Type | Investment or Owner User | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 12.35 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | PUD - 26 units / ACRE per PUD | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 12.35 AC |
| Opportunity Zone |
Yes |
| Zoning | PUD - 26 units / ACRE per PUD |
1 LOT AVAILABLE
Lot
| Lot Size | 12.35 AC |
| Lot Size | 12.35 AC |
DESCRIPTION
Alpha Real Estate Advisors is pleased to exclusively offer for sale this 12.357 AC opportunity zone multifamily tract contiguous with a 35-acre commercial tract with I-45 visibility, located on SH-34 and Sonoma Trail. Ennis is currently positioned for large growth, backed by local leadership, and with I-45 being one of the fastest commutes to Dallas, Builders have not been able to build fast enough for families moving from the Metroplex due to the short commute times on I-45. Ennis is in a similar stage to Waxahachie, TX 15 years ago and is projecting similar growth with almost 5,000 multifamily and SFR units to be completed by 2030 of which more than 2,550 multifamily and SFR units to be completed by 2024. This development, located at main and main, is within an opportunity zone and will be neighboring Ennis' premier retail shopping center. Please inquire with the listing agent for additional details at (512) 216-5495 or ap@alpharetx.com.
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Sonoma Trail & SH-34 Ennis TX - Ennis Gateway Multifamily
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