Rocky Top Multi-Family w/ Seller Financing

13 Unit Apartment Building | $3,750,000 ($288,462/Unit) | 6.70% Cap Rate | Azle, TX 76020

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $3,750,000

Property Type
Multifamily
Square Feet
18,200 SF

Listing Contacts

Becky Leebens
Becky Leebens
Verified Profile
Dustin Wright
Dustin Wright
Verified Profile
  • Property Info

Property 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

Property Details

Class
C
Year Built/Renovated
2022/2023
Stories
1
Lot Size (sq. ft)
437,342 SF
Units
13

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

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