802 Old Wise Road, Bowie, TX 76230
sale
$1,200,000
|
Business
Courtesy Of Realty Of America, LLC, Listed By Cameron Butler
This is your chance to capitalize on a brand-new multifamily development in the heart of Bowie! Three of these upscale 1-bedroom, 1.5-bath lofts are already leased, with 14 additional units approved and ready to be built. Each 600 sq. ft. loft is designed with an open-concept layout, high-end finishes, stainless steel appliances, and modern styling that appeals to working professionals and lifestyle renters. With projected rents of $1,200 per month per unit, this property has a potential annual gross income of $259,200. All units are built to city code, and all concrete work has already been completed, saving time and capital on development. Located near local shops, dining, and community events, this property offers excellent tenant appeal and long-term appreciation potential. Whether you re seeking cash flow or a strong addition to your portfolio, this turnkey project offers both.
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Virtual Tour
Property Features
- Age: New Construction
- Architecture Style: Other
- Cooling System: Multi Units
- Cooling System: Central Air
- Cooling System: Wall Unit(s)
- Exterior Type: Metal Siding
- Exterior Type: Frame
- Exterior Type: Concrete
- Floor Covering: Tile
- Floor Covering: Tile - Ceramic
- Heating System: Central
- Heating System: Other (Heating)
- Legal Description: ACRES: 1.030 AB 785 BLK 2857 TE&L CO
- MLSID: 21055518
- Roof Type: Metal
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