$1,400,000
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4.24 Acres Lot
SOLD DATE : 09/29/2022
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision J Sharp
MLS Listing ID 20110281
Sold Date 09/29/22
HOA Y/N None
Total Fin. Sqft 11826
Year Built 1984
Annual Tax Amount $13,406
Lot Size 4.240 Acres
Acres 4.24
Property Description
These apartments consist of 3 buildings that are 4 units each Building #1 consists of 1 bed, 2 bath, Building #2 consists of 2 bed, 2 bath, and Building #3 consists of 2 bed, 1.5 bath totaling 12 units on 4.24 acres. Currently all units are 100% occupied and they are very easy to lease. Tenants are responsible for electricity, internet, telephone, television, and any other public utilities. Landlord is responsible for water and garbage services. Sewer lines recently updated. There is an open field with potential for expansion. Multifamily investment opportunities dont come around very often in this area. Located about 45 miles from downtown Dallas.
Location
State TX
County Kaufman
Direction From Dallas: take US-175 E 42 miles, keep right to US-175 service road, turn right onto SH-274, turn right onto FM-148, apartments are on your left after the golf course.
Interior
Interior Features Cable TV Available
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Carpet, Laminate, Linoleum
Appliance Electric Range, Refrigerator
Heat Source Central, Electric
Exterior
Exterior Feature Covered Patio/Porch
Utilities Available MUD Water, Septic
Roof Type Composition
Parking Type Open, Parking Lot
Total Parking Spaces 24
Garage No
Building
Lot Description Few Trees, Park View
Story Two
Foundation Slab
Structure Type Siding
Schools
School District Kemp Isd
Others
Ownership CBL ASSETS LLC
Financing Cash
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Bought with Dale Smeal • RE/MAX Premier
13276 Research Blvd, Suite # 107, Austin, Texas, 78750, United States