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18747 Fm 2493, Flint, TX 75762

$2,541,000
12,888
SqFt
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$2,541,000
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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 / mo. | ~ 1,400 SF. • 16 parking spots (2 per unit). • Modern interior finishes. Contact agent for OM.

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Listing Courtesy of: with Drake Real Estate & Investments. matthew@drake-investments.com

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