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The Shires - New 8 Unit Townhome Complex 18747 FM 2493 8 Unit Apartment Building $3,507,520 CAD ($438,440 CAD/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!
Data Room Click Here to Access
Property Facts
| Price | $3,507,520 CAD | Building Class | C |
| Price Per Unit | $438,440 CAD | 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 | $3,507,520 CAD |
| Price Per Unit | $438,440 CAD |
| 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 | $1,493,001 CAD |
| Land Assessment | $187,163 CAD | Total Assessment | $1,680,164 CAD |
Property Taxes
Parcel Number
1-35270-0000-00-002000
Land Assessment
$187,163 CAD
Improvements Assessment
$1,493,001 CAD
Total Assessment
$1,680,164 CAD
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The Shires - New 8 Unit Townhome Complex | 18747 FM 2493
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