1083 County Road 315 - Apartments FOR SALE
Rainbow, TX 76077 |
$1,550,000 USD
214-493-3312
1083 County Road 315
Rainbow, TX 76077
HIGHLIGHTS
- Riverside Cottages offers a 100% leased multifamily community with 15 units across 13 buildings with significant operational upside.
- Value-add opportunities include the addition of utility reimbursements, monthly storage charges, and the construction of on-site laundry facilities.
- Placed just off Hwy 67 and approximately 50 miles from Fort Worth, residents enjoy a peaceful environment with access to quality urban amenities.
- Features a metal roof on a concrete slab, standalone HVACs in all but two units, individual water heaters, and three units with W/D connections.
FOR SALE DETAILS
PRICE
$1,550,000 USD
PRICE/SF
$123 USD /SF
# OF UNITS
15
PRICE/UNIT
$103,333
CAP RATE
9.65%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Riverside Cottages
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2001
PARKING SPACES
-
LAND DETAILS
LAND ACRES
3.82 AC
LAND SF
166,399 SF
ZONING
-
APN/PARCEL ID
R000005105,R000015347,R000015348,R000015349,R000015350,R000015351,R000015352,R000015353
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
214-493-3312
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
214-493-3312
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
