Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer builders and developers the opportunity to purchase a 32.4 acre, 120-unit duplex development site (the “Site”) located along Garden Valley Road in Tyler, Texas. The Site is currently zoned R-1D and PUR which allows up to 120 units on the 120 platted duplex lots; a Developer can do “for sale” or “for rent” product. It is our understanding the 9.34 acres on the southside of Garden Valley Road that is zoned R-ID can also be developed as single family detached homes or modular homes.
Ownership’s existing third-party reports and construction plans to be conveyed at Closing. The Site is located less than a mile east of Loop 323. Ownership would consider Seller Financing with a 50% down payment with a qualified buyer, call to discuss in more detail.
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