4074 County Road 152 W, Bullard, TX

$3,100,000

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40

Beds

6.00

Acres

About 4074 County Road 152 W

16 door multi family complex with 4 doors built in 2020, 4 in 2021, 4 in 2022 and the final 4 in 2023. All buildings are identical floorplans with 3 bedroom 2 bathroom units on the exterior and 2 bedroom 2 bathroom units in the interior. This property is the perfect asset to add to your portfolio. It has stained concrete floors, spray foam insulation and high efficiency ac systems. It is 100% leased and ready for you to take over. Amazing location, right in between Tyler and Bullard, just off of State Hwy 69.

Features of 4074 County Road 152 W

MLS® # 20541711
Price $3,100,000
Units 16
Bedrooms 40
Full Baths 20
Building Area Total 20,200
Acres 6.00
Year Built 2020
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 4074 County Road 152 W
Subdivision Joseph Barnhart Abst A0163
City Bullard
County Smith
State TX
Zip Code 75757-1257

Amenities

Utilities Aerobic Septic
Parking Spaces 32
Garages Additional Parking, Driveway
Is Waterfront No
Has Pool No

Interior

Interior Features Open Floorplan
Heating Central, Electric
Fireplace No

Exterior

Roof Composition
Construction Concrete
Foundation Slab

School Information

District Whitehouse ISD
Elementary Brown
High Whitehouse

Additional Information

Net Operation Income $228,622
Gross Annual Income $263,280
Gross Annual Expenses $20,258
Insurance Expense $14,400
CapitalizationRate 7.37

Unit 1 Details

Type 3 Bedroom
Full Baths 2
Rent $1,431
SqFt 1,275

Unit 2 Details

Type 2 Bedroom
Full Baths 2
Rent $1,311
SqFt 1,250

Listing Details

AgentMichael Soape
OfficeLeslie Cain Realty

Listing Map

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