4798 Fm 2986 - Apartments FOR SALE
Gregory, TX 78359 |
4798 Fm 2986
Gregory, TX 78359
HIGHLIGHTS
- Approximately 30 percent completed market rate Class “A” community which will consist of 144 units at full build out
- Per Seller all engineering plans, architectural plans, and in-place permits will be conveyed with the sale
- Potential for a 5-year city tax abatement if Purchaser acquires the existing entity “The Glades II of Gregory Apartments, LLC”
- Property will be transferred to Purchaser at closing free and clear of any existing debt and liens
- Ownership/Developers will consider entertaining a joint venture – contact VREA for more details
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
The Glades II of Gregory
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
136512
STORIES
3
YEAR BUILT
2022
PARKING SPACES
226
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
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