10520 Tube Drive

Fort Worth, TX 76053

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.

Listing courtesy of Sarfaraz Hansraj of TEXAS ALLIANCE REAL ESTATE rhansraj@gmail.com



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-10-28 05:22 AM CDT