Features & Amenities

Interior

  • Other Interior Features

    Open Floorplan, Walk-In Closet(s)

  • Total Bedrooms

    16

  • Bathrooms

    16

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Central Air, Electric

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Attached Carport

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    7.93

  • Lot Size(square feet)

    345430.8

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

Price

  • Sales Price

    $2,600,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    Tom and Nita Nichols

  • High School

    Joshua

Property Features

  • Foundation Details

    Slab

  • Sewer

    Septic Tank

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Location

County

Johnson

Elementary School

Middle School

Tom and Nita Nichols

High School

Joshua

Listing Courtesy of Rebecca Smith , Dalton Wade, Inc.

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Agent Joe Boston

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Joe Boston

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This exceptional multi-family investment opportunity offers a rare combination of stable income production, newer construction and additional land with future potential.  The property consists of four fourplex buildings totaling 16 residential units. All units are currently leased on one-year lease agreements, providing immediate and consistent cash flow.  Constructed between 2021 and 2026, the development features modern construction with quality materials and durable finishes for long term ownership and reduced maintenance.  The property is serviced by an aerobic septic system.  Each unit offers a spacious one-bedroom, one-bath floor plan with vaulted ceilings that create an open and inviting atmosphere.  Select units feature beautiful vaulted wood ceilings, while others showcase distinctive vaulted tin ceilings, adding rustic-modern character and architectural appeal throughout the property.  Built with durability and convenience in mind, units have stained concrete and tile flooring.  Interior wood walls add warmth and charm, creating a custom feel that distinguishes these units from traditional apartment properties.  Residents benefit from dedicated utility rooms with full-size washer and dryer connections.  All units are equipped with seamless metal roofs for long-term durability and minimal maintenance requirements.  Every unit includes a covered two-car carport with concrete parking beneath, while gravel drive access complements the property's rural setting and efficient layout.  The additional 6.92 acres of grassland adds substantial value and flexibility to the investment, offering many additional opportunities  or long-term land appreciation.  Opportunity to buy with additional investment property MLS #21289453.

5256 County Road 803

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