213 DAVENPORT Italy TX 76651-3592

Great new construction investment opportunity. Eight total units. There are two buildings with four units each. Each building has approximately 3852 SF of living area per building. Eight, two bedroom/two bath, with approximately 963 SF each. The project is near full completion, and some tenants are moved in. The first two units were leased at $1210.00, per unit, while the final units are leasing at $1225.00, per unit. Not in the city limits, so taxes are less.

Tenants are individually metered for electric and water. Garbage, lawn, and general maintenance will be the primary monthly expenses for the owner.

These buildings are foam insulated, with granite countertops, and vinyl plank flooring. There is covered parking, and additional parking, Approximately 20 spaces, in the complex. Parking lot will be concrete and the sewer will be serviced by an on-site septic system. 2-year Septic maintenance contract included. $150 per year after 1st 2 yrs (unless current septic company changes their pricing).

Located in Italy, TX, in Ellis County. South of Waxahachie. Great area of development in all of Ellis County.

• New construction

• Great need for housing in this developing area

• Located on I-35 in Ellis County

• Location is between Dallas and Waco. Easy commute for both.

• Covered parking, with additional parking available

• Granite countertops, foam insulation, and vinyl plank flooring