Blue Meadows

14 Unit Apartment Building | $2,275,000 ($162,500/Unit) | Weatherford, TX 76088

Asking Price $2,275,000

Property Type: Multifamily
Square Feet: 1,092 SF

Listing Contacts

Ginger R Farris

Verified Profile

Property Info

Property Overview

ATTENTION INVESTORS & INVESTMENT GROUPS. (7) DUPLEXES EXCELLENT CASH FLOW PACKAGE, WITH OPPORTUNITY TO PURCHASE PACKAGE OF (8) MORE ON NORTH END, LOW MAINTENANCE, LONG TERM TENANTS, RAPIDLY GROWING COUNTRY SUBURB OF PEASTER ISD WITHIN 15 MINUTES OF I-20. CURRENTLY OPERATED & MAINTAINED BY OWNERS. THE (7) DUPLEX PACKAGE CONSIST OF 14 UNITS @ 3BDR 2BTH WITH 14 BRAND NEW 20X22 METAL CARPORTS WITH (2) COMMERCIAL AEROBIC SEPTIC SYSTEMS ON 1.30 ACRE SPRAYFIELD WITH A COMBINED ESTIMATED TOTAL OF +-3.61 ACRES. ALL 7 BUILDINGS HAVE INDIVIDUAL CHAIN LINK FENCE YARDS, METAL ROOFS, EXTENDED METAL BACK PORCH COVERS. 4 BUILDINGS CONTAIN TILE FLOORS & 3 HAVE STAINED CONCRETE FOR EASY CLEAN-UP (NO COSTLY CARPET) ALONG WITH HAVING SAME COLOR PAINT THEME WITH WHITE STOVES & DISHWASHERS. PRIVATE RD MAINTAINED BY OWNER, ORIGINALLY PLANNED GATED COMMUNITY BUT NEVER COMPLETED. TENANTS PAY THEIR OWN ELECTRIC, WATER, TRASH & LAWN SERVICE. OWNER MAINTAINS COMMON AREAS.

Property Details

Year Built: 2006
Stories: 1
Lot Size (sq. ft): 157,252 SF
Units: 14

Highlights

Well maintained, long standing Tenants, located in highly sought after ISD. Each unit has own fenced in back yard.

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