N 9th St & Henderson

1550 N 9th St,
Midlothian, TX 76065

 

$2,600,000
Price
185,260
Land SF
$14
Price Per SF
1
# of parcels
4.253
Land Acres
MF
Zoning Type
$2,600,000
Price
185,260
Land SF
$14
Price Per SF
1
# of parcels
4.253
Land Acres
MF
Zoning Type

Investment Highlights

  • 76 Multifamily units Permit Ready Shovel Ready 30 Mins South of Downtown Dallas Less than a mile away from Highway 67 In the Path of Growth High Household Income Positioned adjacent to J.A. Vitovsky Elementary School 7 mins north of Downtown Midlothian

Location Highlights

  • Midlothian is a dynamic and rapidly expanding city located in Ellis County, Texas. This vibrant community is known for its family-friendly atmosphere, excellent schools, and a strong local economy. Investors will find compelling reasons to consider Midlothian for their next development project: 1. Strategic Location: Midlothian is strategically situated between the Dallas-Fort Worth metroplex, providing easy access to major transportation routes, including US Highway 287 and Interstate 35E. 2. Economic Drivers: Industrial Growth: Midlothian is home to a robust industrial sector with numerous manufacturing and distribution centers. Notable companies such as Target, Amazon, and Martin Marietta operate in the area, contributing to a robust job market and driving housing demand. Education and Workforce: The city is served by quality schools and educational institutions, ensuring a well-educated and skilled workforce to support its growing economy. Pro-Business Environment: Midlothian offers a pro-business environment with competitive incentives for companies, making it an attractive destination for business expansion and investment. 3. Quality of Life: The city boasts a high quality of life with numerous parks, recreational facilities, and cultural amenities, making it an appealing destination for families and individuals alike. 4. Population Growth: Midlothian's population has been steadily increasing due to its favorable living conditions, job opportunities, and strategic location, making it an ideal market for multifamily housing. 5. Infrastructure and Amenities: The city's infrastructure is well-developed, offering access to utilities and amenities necessary for a successful development project.
FOR MORE DETAILS CONTACT
Mark Allen, CCIM
Managing Principal
(817) 723-4274
Mallen@onyxlg.com
589645
Courtland Charles
Managing Principal
(214) 403-9153
ccharles@onyxlg.com
673649