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18747 FM 2493
Flint, TX 75762
The Shires - New 8 Unit Townhome Complex · Multifamily Property For Sale
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8 Units
INVESTMENT HIGHLIGHTS
- Year 1 NOI: $125,268
- Per Unit: 3 bedroom / 2 bathroom | ~ $1,896 rent / mo. | ~ 1,400 SF
- Modern interior finishes
- Additional land + infrastructure for developers
- 16 parking spots (2 per unit)
EXECUTIVE SUMMARY
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.
SEE OM FOR COMPLETE DETAILS!
SEE OM FOR COMPLETE DETAILS!
PROPERTY FACTS
| Price Per Unit | $317,625 | Building Class | C |
| Sale Type | Investment | Lot Size | 2.07 AC |
| No. Units | 8 | Building Size | 12,888 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 2023 |
| Zoning | R-3 | ||
| Price Per Unit | $317,625 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.07 AC |
| Building Size | 12,888 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2023 |
| Zoning | R-3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Recycling
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 8 | - | - |
PROPERTY TAXES
| Parcel Number | 1-35270-0000-00-002000 | Improvements Assessment | $1,077,878 |
| Land Assessment | $135,123 | Total Assessment | $1,213,001 |
PROPERTY TAXES
Parcel Number
1-35270-0000-00-002000
Land Assessment
$135,123
Improvements Assessment
$1,077,878
Total Assessment
$1,213,001
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