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29037925
29037932

455 Neals Hill Rd, Gainesville, TX 76240 For Sale

MetroTex Association of REALTORS, Inc.
Listed by MetroTex Association of REALTORS, Inc.
$1,560,000
203 days on market
Updated 19 days ago

Two Fourplexes In Oakridge

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 9,648
Net Rentable (SqFt) 9,648
Units 8
Cap Rate 5.5%
NOI $85,738
Occupancy 100%
Price per SqFt $162
Class B
Year Built 2015
Buildings 2
Stories 1
Acreage 0.650
Investment Type Stabilized

Cashflow portfolio with 8 units

Marketing description

TWO FOURPLEXES - 8 units well maintained features fully brick, built 2015, covered porches, 2 car carports each, granite countertops, stone backsplash, crown molding, trey ceilings, all appliances including washer and dryer. Approx. 1 hour north of Dallas, 20 minutes from largest Casino in the world-Winstar... Approx. 15 minutes from Gainesville or Sherman, and minutes away from area Lakes. Additional storage built for each unit.

All units are occupied and do not disturb tenant. Showing is allowed only after accepting an offer, LOI. Please direct al your queries to the listing agent, preferably by text message.

Listing Contacts

MetroTex Association of REALTORS, Inc.
Listed by MetroTex Association of REALTORS, Inc.

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$85,738.00
$7,144.83/mo

Valuation Metrics

0
DSCR
5.5%
Cap Rate
5.5%
ROI

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