REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,541,000
Est. payment | /mo
12,888 SqFt
$ 2,541,000
Est. payment | /mo
12,888 SqFt
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
Square Footage 12,888 sqft
Price per Sqft $197
Subdivision Tx
MLS Listing ID 25009171
Lot Size 2.068 Acres
Acres 2.068
Lot Dimensions 2.068 ac
Property Sub-Type Building
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 / mo. | ~ 1,400 SF. • 16 parking spots (2 per unit). • Modern interior finishes. Contact agent for OM.
Location
State TX
County Smith
Area Smith
Zoning Residential Townhouse
Interior
Heating Central Electric
Cooling Central Electric, Individual Controlled
Exterior
View Y/N No
Building
Sewer Public Sewer
Others
Miscellaneous Security Lighting,Fenced
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Listed by Fischer Davis • Drake Real Estate & Investments
Nearby Locations
Top 1% Real Estate Team in Texas
Over $2 Billion in Total Sales