1104 Suburban St - Apartments FOR SALE


Cedar Hill, TX 75104
$1,195,000 USD
469-569-1420
1104 Suburban St, Cedar Hill, TX for Sale
$1,195,000 USD
Apartments - FOR SALE
1/15
null | 8.14% Cap Rate

1104 Suburban St
Cedar Hill, TX 75104


HIGHLIGHTS

  • 100% Occupied. Mostly Stays occupied. Low Turnover
  • 2 bedrooms are in high demand in this submarket
  • Income generating

OVERVIEW

4 Full Duplex package in high demand rental sub-market - Well-Maintained, – Prime Location! This updated full duplexes offers a fantastic opportunity for both investors, especially for 1031 exchange. Each unit features 2 bedrooms and 1 bathroom or 1.5 bathroom, with recently updated bathroom tub & surround in multiple units. Most units have stainless steel appliances, tile flooring in living, dining, kitchen, hallway, and bathroom, and cozy carpeted bedrooms. Some units were recently prepared for move-in. All Duplexes are in the same subdivision, in great condition. Situated in an excellent location within walking distance to both the elementary and middle schools, and offering easy access to Hwy 67, these duplexes are perfect for families or commuters or investors. Room sizes and sqft are approximate and should be independently verified by the buyer. Schools should also be independently verified. All 8 units are currently occupied. Opportunity to being rents to market level at renewal. Easy to self manage as properties are well maintained, no delinquencies, low turnovers, and all units are on the same street. Professional management company is in place if you wish to continue. Don't miss this opportunity. Contact listing broker today.

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$149 USD /SF

# OF UNITS

8

PRICE/UNIT

$149,375

CAP RATE

8.14%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,099 SF

ZONING

Z363

APN/PARCEL ID

16028300010020000

ASK ABOUT THIS PROPERTY

Sarfaraz HansrajFirst American Real Estate & Management Services LMore Info
469-569-1420

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Sarfaraz HansrajFirst American Real Estate & Management Services LMore Info
469-569-1420

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.