$1,250,000
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26 Beds
23 Baths
8,247 SqFt
SOLD DATE : 12/20/2021
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 8,247 sqft
Price per Sqft $151
MLS Listing ID 14683089
Bedrooms 26
Full Baths 20
Half Baths 6
Year Built 2017
Lot Size 5.000 Acres
Property Description
20 unit apartment complex with seven building ranging from single units to six units per building. Building 1 six studios 2 BR 1.5 Bath 555 Sq Ft., Building 2 & 3 - 8 Large 1 bedroom flats approx. 406 Sq Ft. Bldg 4, 3 small 1 bedroom flats approx. 365 Sq Ft. Two Tiny Homes approx. 400 Sq Ft and one single room Efficiency approx. 3291 Sq Ft. All units include utilities paid. 100% occupancy with great cash flow. Current income $18,000 monthly, Estimated monthly expenses utilities, WIFI at $3237.50, insurance $479 Property taxes currently $470 86. On site manager and maintenance person.
Location
State TX
County Henderson
Interior
Heating Other, Space Heater
Cooling Other, Window Unit(s)
Exterior
Exterior Feature Covered Deck, Covered Patio/Porch
Fence Wood
Utilities Available Asphalt, MUD Sewer, MUD Water
Roof Type Metal
Building
Lot Description Acreage, Few Trees
Story One
Foundation Pillar/Post/Pier, Slab
Structure Type Siding,Wood
Schools
Elementary Schools Southside
Middle Schools Mabank
High Schools Mabank
School District Mabank Isd
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Dan Kraemer • Kraemer LLC
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