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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!

Data Room Click Here to Access

Property Facts

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 - -
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

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
  • Listing ID: 36184317

  • Date on Market: 2025-06-10

  • Last Updated:

  • Address: 18747 FM 2493, Flint, TX 75762

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