$7,125,000
Multifamily Investment Opportunity – Phase I Completed & Phase II Shovel-Ready
32-unit multifamily development consisting of 8 buildings with 4 units per building.
Phase I: First 3 buildings (12 units) were completed earlier this year. All 12 units are fully leased.
Phase II: Remaining 5 buildings (20 units) are shovel-ready for construction.
Utilities: Electricity, water, sewer, and fiber optics have already been brought to each of the 5 remaining building sites individually.
Roads & Parking: All roads and parking concrete flatwork have already been completed.
Site Plan: Fully approved by the City.
Architectural Plans: Completed and ready for permit submission.
Permitting: Plans for one of the remaining 5 buildings have already been submitted and reviewed by the City, with only a couple of minor comments left to address.
Construction Cost: Builders quote to complete the remaining 5 buildings is in hand and can be shared with interested, qualified buyers.
Asking Price: Includes the budgeted construction cost to complete all remaining 5 buildings (20 units).
Financial Information: Detailed financials and project pricing breakdown are available upon request.
Profit Potential: Estimated xxx in potential profit-equity upon completion of Phase II, based on current project estimates.
This is an opportunity to acquire an income-producing multifamily property with an additional 20 units ready for development. With major infrastructure, utilities, roads, parking, and site approvals already completed, the project offers a significant head start on Phase II construction and the potential for substantial additional equity upon completion.
99
Beds
⋅
21422253
MLS
10520 Tube Dr, Fort Worth
