18747 FM 2493
Property Description
The Shires - New 8 Unit Townhome Complex. Newly constructed and 100% occupied 8-unit townhome complex in Flint, Texas with value-add upside! Purchasers will have the opportunity to develop 20 more units on an additional 1.5 acres primed for vertical construction. Highlights: - Year 1 NOI: $125,268. - Additional land + infrastructure for developers. - Per Unit: 3 bedroom, 2 bathroom. ~ $1,896 rent per mo. ~ 1,400 SF. - 16 parking spots (2 per unit). - Modern interior finishes. Contact agent for OM.
Broker Details
Drake Real Estate & Investment (903) 581-3737
MLS ID: 0544812 State License Number: 0544812
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,541,000 |
| No. of Units: | 8 |
| Year Built: | 2023 |
| Opportunity Zone: | No |
| Price per unit: | $317,625 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-NTREIS-20965019
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