Justin, TX 76247 11638 Sam Reynolds Road
$1,999,500
4 more
Presented By: Bernardo Vallarino with Keller Williams Fort Worth; 817-920-7700
Home Details
A portfolio of nine income-producing properties located within 15 miles of each other is centrally situated in Justin (3), Ponder (2), and Rhome (4). All homes in the portfolio are 100% occupied by long-term tenants and generate a gross annual income of $181,560. All homes sit on 1+ acre lots and have been well-maintained, making these highly desirable rental units for any investor. This turn-key portfolio is an instant cash-flow opportunity in the high-growth area of Alliance, which straddles Denton and Tarrant counties. Alliance is one of the nation's premier business parks, offering a variety of work environments, including office, industrial, flex, and retail. Cash purchase, properties are not in the same neighborhood making it difficult for financing.
All information provided is deemed reliable but is not guaranteed and should be independently verified. Please be aware, tenants were not disturbed to obtain accurate room dimensions. PNL numbers are a 3-year average.
Presented By: Bernardo Vallarino with Keller Williams Fort Worth; 817-920-7700
Interior Features for 11638 Sam Reynolds Road
Bedrooms
Total Bedrooms32
Bathrooms
Total Baths21
Other Interior Features
Unit Count9
Lock Box TypeNone
FlooringCombination
Interior FeaturesOther
Occupancy Rate100
Total Units9
General for 11638 Sam Reynolds Road
# of Buildings9
Accessory Unit Y/NNo
AppliancesDishwasher, Electric Range
Capitalization Rate7.05
CityJustin
Complex NameNA
Construction MaterialsOther
CoolingElectric
CountyDenton
DirectionsPlease rely on map or GPS for location of each one of the units.
Elementary SchoolHatfield
Elementary School NameHatfield
Full Baths21
Gross Annual Expenses40621.00
HOA TypeNone
HeatingElectric
High SchoolNorthwest
Insurance Expense5717
LevelsOne
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeMultiple Single Units
Property TypeResidential Income
RoofComposition
School DistrictNorthwest ISD
Standard StatusActive
StatusActive
Subdivision NameSunflower Meadows
Unexempt Taxes1641
UtilitiesSeptic, Other
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1993
Year Built DetailsPreowned
Exterior for 11638 Sam Reynolds Road
Building Area Total2016.00
Foundation Other
Lot Size1 to < 3 Acres
Lot Size Acres1.0000
Lot Size Area1.0000
Lot Size Square Feet43560.0000
Lot Size UnitsAcres
Number Of Parking Spaces0
Parking FeaturesOther, Outside