Property
Beds
20
Full Baths
17
1/2 Baths
2
Year Built
2020
Sq.Footage
9,999
ENTIRE RENTAL PROPERTY PORTFOLIO OF MOSTLY NEW & UPDATED PROPERTIES WITH NEAR FULL OCCUPANCY OFFERED FOR SALE on Ash Street in Paradise, Texas. 5 separate structures consisting of: (1) 2-2-2CP Duplex, (2)3-2+2 Townhomes with elegant finishes & privacy fenced backyards and 2 car garages. One of these townhome units also features extra half baths in each unit., a 1-1 SFR and then a 3-2 SFR currently under full renovation. This home has been taken down to the studs with much new (see Transaction Desk for list) and is currently ready for drywall! Paradise is one of Wise County's fastest growing towns and has widely sought after A-Rated schools. This portfolio has a fabulous cash flow and an alluring cap rate. Built and owned by a custom home builder, there are many tasteful details throughout - Granite countertops, hardwood and tile finishes, large walk-in closets, elegant lighting, fixtures and more. You must truly see to appreciate this great package. This portfolio MUST be sold together. Contact list agent for more details. Option exists for additional SFR and 1.959ac plus or minus directly across the street at 102 N. Mesquite St. (MLS#21072318). Plans already exist for multiple quadplexes in this location or a new owner can build to suit. Seller is a builder and developer and willing to bid or build anything a new owner's heart desires. It's hard to get a good return on your investment in today's economy. If you've wanted to get into rental real estate, this is a wonderful opportunity with LOADS of potential for growth in all the right directions! Full financials and all info can be fully furnished upon request. Drive link with many additional photos of all units available upon request.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), High Speed Internet
-
Total Bedrooms
20
-
Bathrooms
17
-
1/2 Bathrooms
2
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air, Electric
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
8
-
Construction Materials
Board & Batten Siding, Fiber Cement
-
Other Exterior Features
Rain Gutters, Other
-
Parking
Asphalt, Assigned, Attached Carport, Carport, Covered, Driveway, Garage Faces Front, Kitchen Level, Attached
-
Patio and Porch Features
Covered
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Agricultural, Cleared, Interior Lot, Landscaped, Level, Other
-
Lot Size(acres)
1.58
-
Property Type
Residential Income
-
Property Sub Type
Apartment
Price
-
Sales Price
$1,995,000
-
Tax Amount
13177.0
-
Sq. Footage
9, 999
-
Price/SqFt
$199
HOA
-
Association
No
School District
-
Elementary School
Paradise
-
Middle School
Paradise
-
High School
Paradise
Property Features
-
Foundation Details
Pillar/Post/Pier, Slab
-
Sewer
Septic Tank
-
Tax Lot
1
-
Water Source
Public
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Location
County
Wise
Elementary School
Paradise
Middle School
Paradise
High School
Paradise
Listing Courtesy of Shari Guess , Buy Wise Real Estate
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