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$2,541,000

Est. payment - /mo

2.07 Acres Lot

Active

18747 FM 2493 Flint, TX 75762

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Patricia Ann Young

patricia@followmyheelshome.com +1(972) 795-4260

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Henrichson Subd

MLS Listing ID 20965019

HOA Y/N None

Total Fin. Sqft 12888

Year Built 2023

Lot Size 2.068 Acres

Acres 2.068

Property Sub-Type Quadruplex

Property Description

The Shires - New 8 Unit Townhome Complex. 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.

Highlights:

• Year 1 NOI: $125,268.
• Additional land + infrastructure for developers.
• Per Unit: 3 bedroom, 2 bathroom. ~ $1,896 rent per mo. ~ 1,400 SF.
• 16 parking spots (2 per unit).
• Modern interior finishes.
Contact agent for OM.

Location

State TX

County Smith

Direction From the intersection of Loop 49 and FM 2493, head south on FM 2493. Property will be on the left in approx. 2.5 miles.

Interior

Interior Features Kitchen Island

Heating Central, Electric

Cooling Central Air, Electric

Flooring Concrete

Appliance Dishwasher, Electric Range, Microwave, Refrigerator

Heat Source Central, Electric

Exterior

Exterior Feature Rain Gutters, Lighting

Fence Wood

Utilities Available City Sewer, City Water

Roof Type Composition

Garage No

Building

Story Two

Foundation Slab

Level or Stories Two

Structure Type Siding

Schools

Elementary Schools Owens

Middle Schools Three Lakes

High Schools Tyler Legacy

School District Tyler Isd

Others

Ownership GPC INVESTMENT GROUP LLC

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20965019

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Matthew Marshall • Drake Real Estate & Investment

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Patricia Ann Young

Agent | License ID: 0555284

+1(972) 795-4260

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18747 FM 2493 Flint, TX 75762

Patricia Ann Young

Key Details

Location

Interior

Exterior

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Schools

Others

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18747 FM 2493