Granbury Properties is situated in an irreplaceable location along the waterfront of Lake Granbury, within Granbury’s Historical District. Tenants have access to a multitude of shops and restaurants, within a block from Historic Granbury Square. Granbury Properties offers impeccable views and access to the property’s private boat slips.
As currently built, the offering includes four fully-renovated units (“Brick Units”) at 115 West Doyle, in addition to four units (“Blue Units”) on the adjacent 105 West Doyle. The “Blue Units” are prime for redevelopment as market data suggests a lack of apartment/condominium supply. Without a variance, 105 West Doyle could hold 18 units per acre in place of the “Blue Units”.
Included in the offering is a parking lot just across the street from the multifamily units at 104 West Doyle. Currently zoned Single Family, this too has development potential.