Flint, TX 75762 18747 FM 2493
$2,541,000



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Presented By: Fischer Davis at Drake Real Estate & Investments;
Home Details
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 / mo. | ~ 1,400 SF. ⢠16 parking spots (2 per unit). ⢠Modern interior finishes. Contact agent for OM.
Presented By: Fischer Davis at Drake Real Estate & Investments;
General for 18747 FM 2493
AreaSmith
ClassCOMMERCIAL BUILDING/LAND
ConstructionSiding
CoolingCentral Electric, Individual Controlled
ElectricElectric On Site
HeatingCentral Electric
MiscellaneousSecurity Lighting, Fenced
Number of Buildings1
ParkingOff Street
SewerPublic Sewer
StatusActive
SubdivisionTX
WaterPublic
Year Built2023
ZoningResidential Townhouse
Exterior for 18747 FM 2493
ImprovementsFenced
Lot Size Area2.068
WaterfrontNo
Additional Details
Price History
