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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 14,050 sqft
Price per Sqft $170
Subdivision Creekbend Estates Ph 1
MLS Listing ID 20055152
Sold Date 12/19/22
Bedrooms 20
Full Baths 12
Half Baths 4
HOA Y/N None
Total Fin. Sqft 14050
Year Built 1992
Annual Tax Amount $9,691
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Multi Family
Property Description
Incredible investment opportunity to purchase a diverse portfolio of 4 tenant occupied homes in Plano, Dallas and Richardson! Currently occupied by a sober living facility, current owner is looking to sell and lease back for 5-10 years with increased rents to new owner. 7% cap rate minimally with a net income over $167,000 annually. Property values in DFW are projected to increase by 12%! Don't miss this opportunity. Addresses are 1117 Lakestream Drive 75075, 4445 Burnhill Drive, Plano TX 75074, 23 Grant Circle, Richardson TX 75081, 10219 Sunridge Trail, Dallas TX 75243. Do not disturb tenants.
Location
State TX
County Collin
Direction From 75 to Park, go west to Alma. Left to Lakestream. left to #1117 from DTR east to parker to Garner right to Lakestream .
Interior
Interior Features Cable TV Available, Flat Screen Wiring, High Speed Internet Available, Sound System Wiring, Vaulted Ceiling(s)
Heating Central, Natural Gas
Cooling Electric, Gas
Flooring Carpet, Tile, Wood
Appliance Dishwasher, Disposal, Dryer, Electric Cooktop, Gas Water Heater, Convection Oven, Double Oven, Plumbed for Ice Maker, Refrigerator, Water Filter
Heat Source Central, Natural Gas
Exterior
Garage Spaces 9.0
Utilities Available City Sewer, City Water
Roof Type Composition
Total Parking Spaces 9
Garage Yes
Building
Story Two
Foundation Slab
Structure Type Concrete
Schools
High Schools Plano Senior
School District Plano Isd
Others
Ownership of record
Financing Cash
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Bought with Non-Mls Member • NON MLS