682-260-6316
401 E Pearl St, Granbury, TX for Sale
Apartments CONDO - FOR SALE
1/3
635-1,200 SF | Request Cap Rate

401 E Pearl St
Granbury, TX 76048


HIGHLIGHTS

  • PLEASE VIEW THE WEBSITE : https://townesquarecondosforsale.com/

OVERVIEW

Granbury Historic Charm meets Lakefront Luxury Living, a rare investment opportunity. Just two blocks from the historic downtown square and located on beautiful Lake Granbury, Towne Square Condominiums at The Lodge of Granbury offers an exceptional combination of location, stability, and upside potential. Most units feature south-facing balconies that stay comfortable all day long, even in the summer. Granbury has been awarded, three times, the distinction of America’s Best Small Town in America. The property is currently 100% leased and January's income was $50,963. These 27 condominiums, representing 40% ownership interest, provide the new owner(s) with significant influence in major HOA decisions and the long-term direction of the community. This is a rare opportunity for an investor to acquire one of Granbury’s most desirable lakefront communities—offering strong current income and outstanding long-term appreciation potential. This rare opportunity of lakefront living and Granbury’s historical charm is being offered for $5,995,000. The new owner(s) will have an immediate equity position exceeding $1,000,000 based on individual retail sales. Please click the link below to view more information and book a tour.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

# OF UNITS

27

CONDO SIZE

-

% LEASED

95%

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

27 Luxury Condo's on Lake Granbury, Texas

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

65,000 SF

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,329 SF

ZONING

-

APN/PARCEL ID

R000038275,R000038278,R000038290,R000038302,R000038304,R000038313,R000038318,R000038321,R000104158

ASK ABOUT THIS PROPERTY

Gary CouchGL Couch Properties LLCMore Info
682-260-6316

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Gary CouchGL Couch Properties LLCMore Info
682-260-6316

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