300 Airport Rd - Apartments FOR SALE


Emory, TX 75440
$1,950,000 USD
541-280-7774
300 Airport Rd, Emory, TX for Sale
$1,950,000 USD
Apartments - FOR SALE
1/1
null | 6.02% Cap Rate

300 Airport Rd
Emory, TX 75440


HIGHLIGHTS

  • Lots of natural light
  • Gated community
  • Playground area for children

OVERVIEW

Emory, TX is centrally located between Dallas and Tyler, between 2 major interstates, Interstate 20 and 30. Easily accessible to east Texas, Oklahoma, Arkansas and Louisiana. Emory is known for their lakes: Lake Fork, known for bass fishing and Lake Tawakoni, the catfish capital of Texas. 20 units, all 2 bedroom and either 1 or 2 baths. Units range in size from 845 SF to 874 SF to 1000 SF. Texas is a "no state income state". Price $1,950,000 or $97,500/unit.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$65 USD /SF

# OF UNITS

20

PRICE/UNIT

$97,500

CAP RATE

6.02%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Featherbrook Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2004

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.85 AC

LAND SF

80,586 SF

ZONING

B1

APN/PARCEL ID

R3236

ASK ABOUT THIS PROPERTY

Paula Van VleckColdwell Banker Commercial RealtyMore Info
541-280-7774

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Paula Van VleckColdwell Banker Commercial RealtyMore Info
541-280-7774

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