1023-1215 Depot Court - Multi-Family FOR SALE
Rainbow, TX 76077 |
$1,650,000 USD
614-531-7055
1023-1215 Depot Court
Rainbow, TX 76077
HIGHLIGHTS
- Three units offer washer and dryer connections, and there is a centrally located space on the property that presents an ideal opportunity.
- The asset is improved with durable metal roofing over a concrete slab foundation and features standalone HVAC systems throughout.
- Each unit is equipped with individual water heaters and plumbing systems consisting of PVC and PEX piping.
- Strong current rents with approximately 15% upside potential.
- Rainbow is situated along U.S. Highway 67, providing direct access to Glen Rose and Granbury. It’s approximately 51 miles southwest of Fort Worth.
FOR SALE DETAILS
PRICE
$1,650,000 USD
PRICE/SF
$146 USD /SF
# OF UNITS
15
PRICE/UNIT
$110,000
CAP RATE
7.5%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
RIVERSIDE COTTAGES
PROPERTY TYPE
Multi-Family
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.5 AC
LAND SF
21,780 SF
ZONING
Commercial
APN/PARCEL ID
R000015347
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614-531-7055
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614-531-7055
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