9 beds | 7 baths | 0.18 acres | #20265766
Description
Prime opportunity to invest in a Class-A new construction luxury fourplex in scorching hot DFW market. Builder's Preferred Lender offers below market fixed rate financing in the low to mid 5s plus get Owner's title policy paid by Builder when using preferred Lender. Very strong tenant demand and established leasing market. This fourplex is to be built and is estimated to be complete by November 2023. Fantastic location across near Google's $600M Data Center. Ellis County has experienced explosive population growth in the last decade. Children attend Midlothian schools. The fourplex has a 3-2 unit (flat), a 2-2 unit (flat) and two townhouse style 2-1.5 units. Each unit has a one car garage. Projected rents of $1595-1795 per month based on strong Tenant demand in Phase 1. Easy commute to major area employers. Wealth of opportunities to relax & play nearby. Professional property management in place at a favorable rate of 5%. Hurry - this won't last!
Location
Legal
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Last Updated: . Source: NTREIS
Listing Courtesy
Listing Agent: Erion Shehaj (#0516948), Phone: (713) 952-3200
Listing Office: Signature Real Estate (#SGTR01)
Listing Courtesy (Buyer)
Buyer's Agent: Oladapo Wahab (#0809599)
