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The Shires - New 8 Unit Townhome Complex 18747 FM 2493 8 Unit Apartment Building $2,541,000 ($317,625/Unit) Flint, TX 75762
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!
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Property Facts
| Price | $2,541,000 | Building Class | C |
| Price Per Unit | $317,625 | Lot Size | 2.07 AC |
| Sale Type | Investment | Building Size | 12,888 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2023 |
| Apartment Style | Low-Rise | ||
| Zoning | R-3 | ||
| Price | $2,541,000 |
| 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 | - | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
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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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
The Shires - New 8 Unit Townhome Complex | 18747 FM 2493