7311 FM 1886 - Apartments FOR SALE


Azle, TX 76020
$3,550,000 USD
817-761-7678
7311 FM 1886, Azle, TX for Sale
$3,550,000 USD
Apartments - FOR SALE
1/73
null | 7.08% Cap Rate

7311 FM 1886
Azle, TX 76020


HIGHLIGHTS

  • 12 Units Total
  • 100% Occupancy with Minimum 1 Year Lease Term
  • 6 Single Story Units, 6 Loft Units
  • Dedicated Leasing Office
  • Seller Financing Available
  • Each Unit has Modern Amenities with 3 Bd/2 Ba

OVERVIEW

Nestled in the serene landscape of Azle, Texas, this exquisite 10-acre property presents a unique investment opportunity in the thriving market of commercial real estate. Cabins at Rocky Top, a distinguished cabin community, offers a blend of rustic charm and modern comfort, featuring 12 beautifully crafted units and a dedicated leasing office. With 100% Occupancy and long term tenants, Cabins at Rocky Top offers an immediate return on multiple Cabin Home rentals with minimum 1 year lease terms. Seller Financing Available

FOR SALE DETAILS

PRICE

$3,550,000 USD

PRICE/SF

$195 USD /SF

# OF UNITS

13

PRICE/UNIT

$273,077

CAP RATE

7.08%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rocky Top Multi-Family w/ Seller Financing

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10.04 AC

LAND SF

437,342 SF

ZONING

none

APN/PARCEL ID

R000110897

ASK ABOUT THIS PROPERTY

Dustin WrightPortfolio Commercial GroupMore Info
817-761-7678

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Dustin WrightPortfolio Commercial GroupMore Info
817-761-7678

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