Build to Suit11 DuplexesSanger, TX

Offered By:Marc McKinney972.369.2400

marc@mckinneydevelopmentgroup.comTom Metcalfe Commercial Real Estate

Sanger Circle Duplexes

Sanger, Texas

Sanger Circle DuplexesSanger, TX

• 11 Two-Story Duplexes.

• Bedroom/Bath/Garage: 3/2.5/2

• 1484 sf/Unit. 2968 sf/Bldg.

• Above average finish out

• Fenced back yards

• Yards fully landscaped

• Full lawn sprinkler system

• Builder will allow buyer to choose interior colors

• Includes full appliance package

• Buy as package or separately

• Offered At: $4,224,000 ($384,000/Bldg.)

Contact:

Marc McKinney 972.369.2400

marc@mckinneydevelopmentgroup.com

Tom Metcalfe Commercial Real Estate

Location Map

Conveniently located 6 miles north of Denton

Convenient Location

Near Sanger HSConvenient to I-35

Close to Downtown Sanger10 minutes from Denton and UNT

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SHERMAN GAINESVILLE

MCKINNEY

WINSTAR

DENTON

DALLAS FORT WORTH

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2164

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SANGER

VILLAS DRIVE

MCCLINTOCKHOMES.COM

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(Vacant, Undeveloped Land)

(Existing Single-Family Homes)

Sanger Circle Duplex Community

Sanger, Texas

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SitePlan

Highlights

• 6 blocks from Sanger High School

• 10 minutes from the Wal-Mart Distribution Centerin Sanger

• 1 mile from downtown Sanger

• 6 miles north of Denton on I-35

• 10 minutes to the University of North Texas

• 15 minutes to Texas Woman’s University

• 43 total buildings in the community

• 18 buildings completed

• 16 buildings occupied

• Final phase

• Ave. rents: $1650/mo

• HOA Dues: $600 per Bldg./Annual

• HOA includes front yard maintenance

Sanger: Zero Vacancy Factor

• According to a recent article in the Dallas MorningNews, siting Attom Data Solutions, Sanger is one of11 ZIP codes in the DFW Metroplex with a ZEROvacancy factor.

This plan may be modified from its original version.

• 3 Bedroom - 2.5 Bath - 2 Car Garage

• 1,484 Square Feet per Side

• HOA Dues $50.00/Month Per Unit In-

cludes Front Yard Maintenance

• 2-10 yr Third Party Warranty

• Move-In Ready! Blinds, Refrigerator,

Washer & Dryer Included

Included

Amenities and Features

DESIGNER KITCHEN • Cabinets with hidden hinges w/adjustable shelving

• 3cm granite low maintenance countertops

• Full height subway tile backsplash

• Double Basin undermount, stainless steel sink

• Energy efficient GE© appliance package includingrange, dishwasher, microwave, refrigerator, washerand dryer

• Pull-down Delta kitchen faucet w/ integrated spray

• 1/3 horsepower garbage disposal

• Icemaker connection for refrigerator

• Resilient Luxury Vinyl Wood Plank flooring

LUXURIOUS BATHS • Dual vanity sinks in Master Bath

• Delta chrome plumbing fixtures in all baths

• Quartz or cultured marble vanity tops

• Chrome finish bath accessories

• Full frameless 42” mirrors

• Designer Ceramic tile flooring

• Fiberglass/acrylic showers

ARCHITECTURAL INTERIORS • Base and door casing throughout

• Light splatter texture for walls and ceilings

• Satin paint on walls and flat on ceilings

• Ceramic 12”x12” tile in utility room and all bathrooms

• Resilient Luxury Vinyl Wood Plank flooring in entry,living, kitchen, dining, hallways, bedrooms and closets

• Transitional 5 panel or Cheyenne interior doors

• Chrome Kwikset doorknobs throughout

• Round corners and sheetrock openings per plan

• Semi-gloss enamel paint on doors and trim

• Ceiling fan with light kit in Living Room and MasterBedroom

• Secondary bedrooms prewired for ceiling fan

• Finished garage with tape, bed, texture and paint

• 2” Faux White Blinds on all operable windows

SAFETY AND SECURITY • Smoke detectors

• Secure locks on all windows

• Kwikset deadbolts on exterior doors

HIGH PERFORMANCE ENERGY SAVING FEATURES • Radiant barrier decking

• LED lighting throughout

• 15+ seer HVAC with Fresh Air Intake

• Honeywell Digital programmable thermostat

• Primary and secondary condensation lines

• Polyseal foam at exterior wall plates, windows, doors,base plates and exterior penetrations

• Weatherstripping on all exterior doors

• R-13 batt wall insulation

• PEX heavy gauge water lines

• WaterSense certified elongated toilets

• 50 gallon, high efficiency hot water heater

• Energy efficient low-E glass windows with vinyl framesand screens

DISTINCT EXTERIORS • Engineered and tested post tension foundation

• Brick front elevation with details

• Divided light windows on front elevation

• 25-year roof shingles

• 6 panel front door with peephole

• Insulated garage door and garage door openers

• Kwikset satin nickel entry handleset

• Half glass back door

• Weatherstripping at all exterior doors

• FHA Seamless Gutters

• 2 weather-resistant GFCI exterior outlets

• 2 front proof hose bibs/water faucets

• Full Sod and Full Sprinkler System

• Landscaping package w/ 2 trees and seasonal color

• 6’ spruce privacy fence with steel posts and 1 gate

• Covered Rear Patio

PROFESSIONAL SERVICES • Third party warranty by Strucsure includes 10 year

structural, 2 year mechanical and 1 year workmanshipand materials warranty

• Third party qualified licensed energy rater used fortesting and inspections

• Professional On-Site Builder

• In-house warranty department

Proforma

PROFORMA

SANGER CIRCLE DUPLEXES Per/Bldg. Tot. Bldgs.

# Buildings: 1 11

Total Units: 2 22

SF/Unit: 1484 16324

SF/Bldg 2968 32648

Sales Price/Bldg $ 384,000 $ 4,224,000

Projected Monthly Rent/Unit: $ 1,650 $ 217,800

Rent/SF: $ 1.11 $ 1.11

Delivery Date: 2Q2019 2Q2019

Potential Rental Income/Bldg. $ 39,600 $ 435,600

Vacancy: 5.00% $ 1,980 $ 21,780

Effective Rental Income: $ 37,620 $ 451,440

Less:

Insurance $ 3,000 $ 36,000

Taxes 2.3237% $ 8,923 $ 107,076

Management 5.00% $ 1,980 $ 23,760

Other Costs 3.00% $ 1,188 $ 14,256

HOA $ 600 $ 7,200

Total Exp.: $ 15,691 $ 188,292

NOI $ 21,929 $ 263,148

Cap Rate on Sales Price: 6.23%