10520 Tube Drive
Fort Worth, TX 76053
$4,800,000
48,000 sqft
99 beds
0 baths
Description
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: 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.
Location
Schools
| School Name | Grades | Admission |
|---|---|---|
| Wilshire Elementary School | PK - 6 | Regular |
| Unassigned | EE - EE | Regular |
| Harwood Junior High School | 7 - 9 | Regular |
| Trinity High School | 10 - 12 | Regular |
| 4 Schools | ||
*All school information should be verified by local Independent School District.
* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.
The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.