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$ 1,800,000
Est. payment | /mo
6,644 SqFt
$ 1,800,000
Est. payment | /mo
6,644 SqFt
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 6,644 sqft
Price per Sqft $270
Subdivision Jonas Hailey Surv Abs #464
MLS Listing ID 20524698
Total Fin. Sqft 6644
Year Built 1997
Annual Tax Amount $7,596
Lot Size 29.139 Acres
Acres 29.139
Property Description
Discover this great investment opportunity with a fully remodeled 6-unit complex on 30 acres with Interstate 30 frontage, just an hour northeast of Dallas. This property offers expansion potential for additional residential units, industrial, or retail spaces. Each unit, remodeled less than a year ago, is fully occupied and comes with warranties on the work. Additionally, there's a 3000 square foot large shop with its own entrance off a State Highway, perfect for business operations or leasing. The complex also has a laundry room with paid machines for additional Cash income. This investment opportunity combines modern living spaces with vast land for growth, making it a unique and lucrative venture in a rapidly developing area. Apartments generate approx $5600mo and shop building brings in $1400mo, If you wanted to purchase for future, The acreage could be leased for additional income.
Location
State TX
County Hopkins
Zoning multi
Direction Property is located on the E HWY 30 Service Road between FM 275 and FM 275 S
Interior
Heating Central
Cooling Central Air
Flooring Luxury Vinyl Plank
Heat Source Central
Exterior
Utilities Available Cable Available, Electricity Available, Overhead Utilities, Sewer Available
Roof Type Shingle
Garage No
Building
Foundation Slab
Structure Type Siding
Others
Ownership see tax
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Listed by Ashley Hammons • AT Home Texas Real Estate
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Alonzo Luna
REALTOR® | Lic# 420410