2764 W Highway 199 - Apartments FOR SALE


Springtown, TX 76082
$450,000 USD
817-929-3185
2764 W Highway 199, Springtown, TX for Sale
$450,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

2764 W Highway 199
Springtown, TX 76082


HIGHLIGHTS

  • income producing
  • outside of the city limits
  • potential for more homes

OVERVIEW

Welcome to this phenomenal piece of real estate. 1 acre of land featuring six rental income properties in a prime location right off Highway 199. This property boasts a total of six units: three one bedroom one bath homes, a duplex with each side offering one bedroom and one bath, and a spacious three bedroom one bath home. All properties are currently rented. Whether you're a seasoned investor or a first time buyer looking for passive income, this property has it all.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$88 USD /SF

# OF UNITS

6

PRICE/UNIT

$75,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2764 W Highway 199

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,547 SF

ZONING

none

APN/PARCEL ID

R000054452

ASK ABOUT THIS PROPERTY

Beth CorrellWeichert Realtors Team RealtyMore Info
817-929-3185

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

Beth CorrellWeichert Realtors Team RealtyMore Info
817-929-3185

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