Apartment Buildings /TX /Smith County /Flint /18747 FM 2493
Apartment Buildings /TX /Smith County /Flint /18747 FM 2493

18747 FM 2493 - Apartments FOR SALE


Flint, TX 75762 | 
$2,541,000 USD
903-443-5894
18747 FM 2493, Flint, TX for Sale
$2,541,000 USD
Apartments - FOR SALE
1/39
null | Request Cap Rate
VIEW MAP
GET DIRECTIONS

18747 FM 2493
Flint, TX 75762

VIEW MAP
GET DIRECTIONS

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

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$2,541,000 USD

PRICE/SF

$197 USD /SF

# OF UNITS

8

PRICE/UNIT

$317,625

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Shires - New 8 Unit Townhome Complex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.07 AC

LAND SF

90,169 SF

ZONING

R-3

APN/PARCEL ID

R144266

ASK ABOUT THIS PROPERTY

Matthew MarshallDrake Real Estate & InvestmentsMore Info
903-443-5894

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Matthew MarshallDrake Real Estate & InvestmentsMore Info
903-443-5894

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

800-613-1303800-613-1303SitemapSitemapAdd a ListingTerms of UseCRE InformationPrivacy Policy
Copyright © 1997-2025 CoStar Realty Information, Inc.