Listed by Emersons Commercial Real Estate Dallas
$1,376,000
Paris, TX 75460
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Units 7
Cap Rate 5.50%
Occupancy 100%
Tenancy Single
Rent Bumps No
Broker Co-Op True
Class A
Year Built 2023
Buildings 7
Lot Size (SqFt) 7,500
Zoning SF-1
Parking Spaces 2 per unit
Investment Type Stabilized
Sale Condition For sale by owner
Multifamily | 7 Units | $196,571/unit
Marketing description
Seven 3 bed / 2 bath homes available for sale in Paris, TX 75460. All units are leased on 6 or 12 month leases. The property features open floor plans, stainless steel appliance packages, granite countertops, 10 ft. high ceilings, central heat and A/C, energy efficient windows, and neutral color schemes throughout. The property is eligible for property tax abatements for 3 years.
Investment highlights
- 7 homes available
- 3 Bedrooms/ 2 Bath
- 3 Homes: 1,225 SF
- 4 Homes: 1,310 SF
- 5.5 Cap Rate
- All units are leased on 6 or 12 month leases
- Eligible for property tax abatements for 3 years
Listing Contacts
Listed by Emersons Commercial Real Estate Dallas
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