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🏢 Just listed — Multifamily for sale in Magnolia, TX.

📍 23300 Hargrave Road, Magnolia, TX
🏷  Multifamily · For Sale
💰 $3.30M

166 acres with high development Potential

Full financials, photos, and broker contact:
https://commrty.com/property/texas/magnolia/166-acres-residential-site-in-magnolia-2593356-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=166-acres-residential-site-in-magnolia-2593356

#Magnolia #Multifamily #CommercialRealEstate #CRE #Investment

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Home/TX/Magnolia

23300 Hargrave Road

Magnolia, TX 77355

Asking Price

$3.30M

Asset Type

Multifamily

Class

Class B

What's Special

166 acres with high development Potential

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

2.42%

DSCR

0.41

Underwater

Cash-on-Cash

-11.71%

Monthly Payment

$16,326.599

Annual Cash Flow

$-115,919.193

Location & Travel Times

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