Description
GREAT INVESTMENT OPPORTUNITY IN THE GORGEOUS AND GROWING EAST TEXAS! Developers, seize the high-demand rental market with this 28-unit duplex development built 2021-2022! Each 3/2 unit features 1,440 sq ft, fenced backyards, granite countertops, and concrete floors for easy maintenance. Average rent of $1,650, generating a cap rate of 6.4%. Energy-efficient construction and sprinkler systems minimize costs. There's space to build 4 more buildings (dirt work already done) with the builder on stand by willing to build them. Situated in a highly desired school district - Owens/Three Lakes/Legacy. Contact us today to explore this turn-key investment opportunity in a prime location with limited rental options! (Additional details available upon request).
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0BEDS
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10.37ACRES
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0BATHS
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01/2 BATHS
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1,440SQFT
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$4,583$/SQFT
School Ratings & Info
Description
GREAT INVESTMENT OPPORTUNITY IN THE GORGEOUS AND GROWING EAST TEXAS! Developers, seize the high-demand rental market with this 28-unit duplex development built 2021-2022! Each 3/2 unit features 1,440 sq ft, fenced backyards, granite countertops, and concrete floors for easy maintenance. Average rent of $1,650, generating a cap rate of 6.4%. Energy-efficient construction and sprinkler systems minimize costs. There's space to build 4 more buildings (dirt work already done) with the builder on stand by willing to build them. Situated in a highly desired school district - Owens/Three Lakes/Legacy. Contact us today to explore this turn-key investment opportunity in a prime location with limited rental options! (Additional details available upon request).
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS® Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 2024-10-03T19:29:04.33.
Listing provided courtesy of Denice Smith of Keller Williams Realty-Tyler: . Listing information © 2024 Greater Tyler Association of REALTORS® Multiple Listing Service.