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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,424 sqft
Price per Sqft $113
Subdivision Original Town Of Lone Oak
MLS Listing ID 14468291
Sold Date 06/30/21
Bedrooms 12
Full Baths 8
HOA Y/N None
Total Fin. Sqft 5424
Year Built 2020
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 103 x 135 x 99 x 135
Property Description
100% LEASED - STRONG CASHFLOW! Turnkey 4Plex investment! Great Multifamily product to get started or add quality units to your rental portfolio. Brand NEW Quad 2 story building in Lone Oak, TX right in the heart of growing Hunt County! Close to Greenville, HWY 69 and I-30. Great infill site with full concrete parking lot, drainage and ADA ramp! All units 3Bed - 2Bath 1,356 sqft with all new appliances! Expansive layout, durable flooring, granite countertops, and quality light fixtures. New structure = low expenses! Sprinkler system and low maintenance landscaping! Huge floorplans with additional 22 sqft of storage! Strong cap rate and local market appreciation!
Location
State TX
County Hunt
Direction See GPS; See Infographic for Map pic #3. From Greenville: South on HWY 69 to city of Lone Oak. Take HWY 69 through Lone Oak. In less than 0.5 miles from Lone Oak, head West on FM 513 Old Mill Road to Mill Street. Head South, apartment complex is visible near Mill and Etter intersection.
Interior
Interior Features High Speed Internet Available
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Ceramic Tile, Luxury Vinyl Plank
Appliance Dishwasher, Disposal, Electric Range, Microwave, Plumbed for Ice Maker, Refrigerator, Vented Exhaust Fan, Electric Water Heater
Heat Source Central, Electric
Exterior
Exterior Feature Balcony, Covered Patio/Porch, Rain Gutters, Lighting
Fence Partial, Wood
Utilities Available City Sewer, City Water
Roof Type Composition
Parking Type Common, Open
Total Parking Spaces 11
Garage No
Building
Lot Description Interior Lot, Landscaped, Sprinkler System
Story Two
Foundation Slab
Structure Type Frame,Rock/Stone,Siding
Schools
Elementary Schools Loneoak
Middle Schools Loneoak
High Schools Loneoak
School District Lone Oak Isd
Others
Ownership See Tax Rolls
Financing Conventional
Special Listing Condition Survey Available
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Bought with Barbara Van Poole • Keller Williams Realty DPR
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