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 |
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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 |
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Subdivision | Joseph Barnhart Abst A0163 |
City | Bullard |
County | Smith |
State | TX |
Zip Code | 75757-1257 |
Amenities
Utilities | Aerobic Septic |
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Parking Spaces | 32 |
Garages | Additional Parking, Driveway |
Is Waterfront | No |
Has Pool | No |
Interior
Interior Features | Open Floorplan |
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Heating | Central, Electric |
Fireplace | No |
Exterior
Roof | Composition |
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Construction | Concrete |
Foundation | Slab |
School Information
District | Whitehouse ISD |
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Elementary | Brown |
High | Whitehouse |
Additional Information
Net Operation Income | $228,622 |
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Gross Annual Income | $263,280 |
Gross Annual Expenses | $20,258 |
Insurance Expense | $14,400 |
CapitalizationRate | 7.37 |
Unit 1 Details
Type | 3 Bedroom |
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Full Baths | 2 |
Rent | $1,431 |
SqFt | 1,275 |
Unit 2 Details
Type | 2 Bedroom |
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Full Baths | 2 |
Rent | $1,311 |
SqFt | 1,250 |
Listing Details
Agent | Michael Soape |
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Office | Leslie Cain Realty |