Great investment opportunity in the rapidly growing lakeside suburb of Rowlett, justminutes from Dallas. This 21-unit condo community offers a unique combination of strong current cash flow and significant upside potential.
Key Features
High Occupancy: 100% occupied, with tenants averaging a 7+ year length of stay, demonstrating strong demand and tenant satisfaction.
Spacious Units: Each condo features large floor plans, private patios or balconies, fireplaces, and full-size washer/dryer connections, catering to modern tenant needs.
Value-Add Potential: Current rents are below market, providing an excellent opportunity to increase cash flow and achieve substantial equity growth.
Desirable Location: Located in a sought-after community near Lake Ray Hubbard, with easy access to local amenities, parks, and transportation.