7261 State Highway 276 new Save Request In-Person Tour Request Virtual Tour
Point,TX 75472
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Brook Thomas D
MLS Listing ID 21044847
HOA Y/N None
Total Fin. Sqft 5984
Year Built 1980
Lot Size 2.419 Acres
Acres 2.419
Property Sub-Type Apartment
Property Description
Unique Turn Key opportunity on 2.419 acres ! This 7 unit apartment complex is fully renovated and is at 100% capacity with renters on an annual contract! New Roof, Windows, HVACs, Appliances, Plumbing, Electrical, etc. This property offers something for the Investor and or the owner occupant ! With nearly 1.25 acres of open land with potential for various purposes or buildings, it opens up possibilities for additional income . All 7 units rented-occupied but no long term leases to have to honor! Very attractive cap rate! Email agent for more info!
Location
State TX
County Rains
Direction GPS From Quinlan, East on SH 276 for approx.14 miles. From Emory , West on SH 276 for approx. 6 miles- One mile west of FM 47 intersection.
Interior
Interior Features Decorative Lighting,High Speed Internet Available,Open Floorplan
Heating Central,Electric
Cooling Central Air,Electric
Flooring Luxury Vinyl Plank
Appliance Dishwasher,Electric Range,Microwave,Refrigerator
Heat Source Central,Electric
Exterior
Utilities Available Aerobic Septic,Co-op Electric,Co-op Water,Gravel/Rock,Septic
Roof Type Metal
Garage No
Building
Lot Description Acreage,Few Trees
Story One
Foundation Slab
Level or Stories One
Structure Type Siding
Schools
Elementary Schools Rains
High Schools Rains
School District Rains Isd
Others
Ownership See tax Records
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition Aerial Photo,Survey Available
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21044847