Melba Davis - Coldwell Banker Apex Realtors

Description

Unique in this residential neighborhood, this multifamily property rents quickly and is situated on a gorgeous lake. Each unit has two beds and two baths. This property is always full, and often gets inquiries from friends of tenants about renting. New roofs as of last year, and constant upkeep has made for happy tenants! Further, the view of the lake immediately behind the property is fantastic! Full financials available upon request, showing upon serious offer. Please do not bother the tenants. Contact me by email rather than phone if you are serious, please. Cap rate a little over 5%, serious brokers welcome!

Details

MLS#13937472
Sub-TypeResale
StatusActive
Year1987
Days On Site50

Features

SQ Feet12,560
Units8
Building(s)2
Water FrontYes
Property ViewYes

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Area Information

StateTX
CountyDenton
CityJustin
Zip Code76247
AreaDENTON COUNTY (31)
Listing VS Median (in 76247)
Price:
$1,300,000
low | high
Med:
$292,500
100% of Average
SqFt:
12,560
low | high
Med:
2,211
100% of Average
$ / SqFt:
$104
low | high
Med:
$132
22.184531886025% of Average
On Site:
50
low | high
Med:
8
100% of Average
Listing Updated: 11/17/2018
MLS Number: 13937472
Listing Provided By:
James Glynn  of  JG Real Estate LLC

All information provided by seller and is deemed to be correct, but is not guaranteed.  Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.