4798 Fm 2986 | Gregory, TX 78359
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4798 Fm 2986
Gregory, TX 78359
The Glades II of Gregory · Multifamily Property For Sale
·
144 Units
INVESTMENT HIGHLIGHTS
- Approximately 30 percent completed market rate Class “A” community which will consist of 144 units at full build out
- Potential for a 5-year city tax abatement if Purchaser acquires the existing entity “The Glades II of Gregory Apartments, LLC”
- Ownership/Developers will consider entertaining a joint venture – contact VREA for more details
- Per Seller all engineering plans, architectural plans, and in-place permits will be conveyed with the sale
- Property will be transferred to Purchaser at closing free and clear of any existing debt and liens
PROPERTY FACTS
| No. Units | 144 | Lot Size | 6.92 AC |
| Property Type | Multifamily | Building Size | 136,512 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 2022 |
| Building Class | A | Parking Ratio | 1.66/1,000 SF |
| Zoning | Commercial | ||
| No. Units | 144 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | A |
| Lot Size | 6.92 AC |
| Building Size | 136,512 SF |
| No. Stories | 3 |
| Year Built | 2022 |
| Parking Ratio | 1.66/1,000 SF |
| Zoning | Commercial |
AMENITIES
UNIT AMENITIES
- Balcony
- Dishwasher
- Washer/Dryer Hookup
- Ceiling Fans
- Ice Maker
- Refrigerator
- Stainless Steel Appliances
- Patio
SITE AMENITIES
- Clubhouse
- Laundry Facilities
- Picnic Area
- Playground
- Pool
- Property Manager on Site
- Grill
- Maintenance on site
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