$1,250,000
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26 Beds
23 Baths
8,247 SqFt
SOLD DATE : 12/20/2021
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 8,247 sqft
Price per Sqft $151
MLS Listing ID 14683089
Sold Date 12/20/21
Bedrooms 26
Full Baths 20
Half Baths 6
HOA Y/N None
Total Fin. Sqft 8247
Year Built 2017
Lot Size 5.000 Acres
Acres 5.0
Property Description
20 unit apartment complex with seven building ranging from single units to six units per building. Building 1 six studios 2 BR 1.5 Bath 555 Sq Ft., Building 2 & 3 - 8 Large 1 bedroom flats approx. 406 Sq Ft. Bldg 4, 3 small 1 bedroom flats approx. 365 Sq Ft. Two Tiny Homes approx. 400 Sq Ft and one single room Efficiency approx. 3291 Sq Ft. All units include utilities paid. 100% occupancy with great cash flow. Current income $18,000 monthly, Estimated monthly expenses utilities, WIFI at $3237.50, insurance $479 Property taxes currently $470 86. On site manager and maintenance person.
Location
State TX
County Henderson
Direction In Seven Points take Pritchett Road North property on left
Interior
Interior Features High Speed Internet Available
Heating Other, Space Heater
Cooling Other, Window Unit(s)
Appliance Electric Range, Refrigerator
Heat Source Other, Space Heater
Exterior
Exterior Feature Covered Deck, Covered Patio/Porch
Fence Wood
Utilities Available Asphalt, MUD Sewer, MUD Water
Roof Type Metal
Parking Type Carport, Open
Garage No
Building
Lot Description Acreage, Few Trees
Story One
Foundation Pillar/Post/Pier, Slab
Level or Stories One
Structure Type Siding,Wood
Schools
Elementary Schools Southside
Middle Schools Mabank
High Schools Mabank
School District Mabank Isd
Others
Ownership Patrick Harper
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Dan Kraemer • Kraemer LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "