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720 Pritchett Lane , #21

Seven Points, TX 75143
  • $1,250,000
  • STATUS: Active Contingent
  • ON SITE: 24 Days
  • MLS #: 14683089
Under Contract
UPDATED: 54 min ago
$1,250,000
  • 26
    BEDS
  • 5
    ACRES
  • 20
    BATHS
  • 6
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2017
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Offered by Richard Avery of Avery Realty Group.

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.

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© 2021 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate By Design | Keller Williams. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Real Estate By Design | Keller Williams are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-10-27T18:41:03.557.
www.rebdgroup.com/homes/122042087
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720 Pritchett Lane , #21 Seven Points, TX 75143

  • Price: $1,250,000
  • Status: Active Contingent
  • Updated: 54 min ago
  • MLS #: 14683089
26
Beds
20
Baths
6
½ Baths
5
Acres
2017
Built
Neighborhood:
None
County:
Henderson
Elementary School:
Southside
Middle School:
Malakoff
High School:
Mabank
School District:
Mabank ISD
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.
Exterior Features

Construction SidingWood Exterior Features Covered DeckCovered Porch(Es) Fence Wood Foundation Pier & BeamSlab Lake Name Cedar Creek Lot Description AcreageSome Trees Parking Or Garage Carport-SharedOpen Parking Spaces 35 Pool On Property No Roof Metal

Interior Features

Handicap YN No Heating OtherSpace HeaterWindow Unit Interior Features High Speed Internet Available Kitchen Equipment Range/Oven-ElectricRefrigerator Sq Ft Building 8247

Property Features

Building Area Source Owner Buildings 7 Complex Name Country Oaks Construction Status Preowned Gross Annual Expenses 39561 Gross Annual Income 216000 HOA None Insurance Expense 5154 Intermediate School Mabank Junior High School Mabank Municipal Utility District Yes Net Annual Income 212049 Possession Closing/Funding Property Type Mul-Apartment/5Plex+ Proposed Financing CashConventional Unit Count 5 Utilities AsphaltMud SewerMud Water Will Subdivide No

Listing information © 2021 North Texas Real Estate Information System.


© 2021 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate By Design | Keller Williams. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Real Estate By Design | Keller Williams are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-10-27T18:41:03.557.
 
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Real Estate By Design | Keller Williams
2434 Lillian Miller Pkwy
Denton TX, 76205
Offered by Richard Avery of Avery Realty Group.