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3352 N McDonald St
McKinney, TX 75071
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily or Industrial Development Opportunity <p><strong>±12.57 Acre Development Opportunity</strong> at the northeast quadrant of State Highway 5 and Wilmeth Road in one of the fastest-growing corridors in McKinney</p><p><strong>Currently Zoned PD: RG-18</strong> allowing for multifamily and single-family/townhome development</p><p><strong>Approved Site Plan for 232 Surface-Parked Multifamily Units</strong> providing a near-term residential development opportunity</p><p><strong>Potential for Increased Density Under SB 840</strong>, which m
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
