705-715 W Crawford St - Apartments FOR SALE


Denison, TX 75020
$1,035,000 USD
469-371-6247
705-715 W Crawford St, Denison, TX for Sale
$1,035,000 USD
Apartments - FOR SALE
1/14
null | 6.09% Cap Rate

705-715 W Crawford St
Denison, TX 75020


HIGHLIGHTS

  • 4 of the 6 units have undergone a renovation. Remaining 2 junits can be remodeled and brought to higher rents.
  • A unique bundle of townhomes near the highway, with an skilled & affordable, local property manager in place.
  • Denison has a historic, suburban charm with a rising economy and highly rated schools. Also considered an affordable place to raise a family and is

OVERVIEW

Unique bundle of 6 connected townhomes (Units #705-715) with instant upside potential! At The Sevens, 4 of the 6 units have been fully remodeled with flooring, appliances, paint and other updates. All rents were raised a little over a year ago on the renovated units. Lower rents still apply on the 2 non-renovated units. All 6 units have a large two car garage on the backside of the homes. 5 units are 2 bedrooms, 2.5 bathrooms. 1 unit is 3 bedrooms, 3.5 bathrooms. Please contact the listing agent for information and offer submissions. Located in prime Denison! Owners live out of town and use a local property manager to oversee operations. Site managed by a local property management company. All units are leased to residential tenants. Do not disturb tenants. Unit showings will only be granted after receipt of an acceptable LOI or offer. Co-Listing agent is a party to the selling company & related to the other members. Please send all questions & offers to the listing agent, Colton Tapp at colton.tapp@integrityplusre.com. Buyers & buyers agents to verify all information contained herein.

FOR SALE DETAILS

PRICE

$1,035,000 USD

PRICE/SF

$138 USD /SF

# OF UNITS

6

PRICE/UNIT

$172,500

CAP RATE

6.09%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1986

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

-

APN/PARCEL ID

142900

ASK ABOUT THIS PROPERTY

Colton TappIntergrity Plus REMore Info
469-371-6247

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Colton TappIntergrity Plus REMore Info
469-371-6247

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.