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 2026. All 12 units are fully leased. ** Phase II:… Read More 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 12 Units, 5 shovel-ready lots, approved site plan, building plans, builder quote. ** 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 to go vertical. With all 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. Read Less
Courtesy of TEXAS ALLIANCE REAL ESTATE Sarfaraz Hansraj 469-299-0052.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Quadruplex
Beds
99
Lot Size
3.68 Acres
Year Built
2026
MLS Number
21428917
Additional Details
Property Access
Frontage Type: AllWeatherRoad
Appliances & Equipment
Dishwasher, ElectricRange, Disposal, Microwave
Building
Built in 2026, Year Built Details: New Construction - Incomplete, 8 buildings, Levels: Two, Construction Materials: Brick, Frame
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