26904 Brentwood Rd, Splendora, TX 77372

11 Unit Apartment Building | $1,051,000 ($95,545/Unit) | 8% Cap Rate | Splendora, TX 77372

Asking Price $1,051,000

Property Type: Multifamily
Square Feet: 10,266 SF

Listing Contacts

Rick Stallings

Verified Profile

Property Info

Property Overview

***ALL PROPERTY TOURS MUST BE SCHEDULED WITH RICK STALLINGS. Access will NOT be granted without Agent***............Impeccably maintained retreat on 2.5 wooded acres. This property features 7 residential units (6 buildings), a community pavilion, a recreation/event hall, and a warehouse. The property is ideally constructed to operate as a bed & breakfast, short term rentals, or long-term rentals. May also work for an event center or retirement facility. Property operates on city water and septic. It contains a great mix of income producing assets including 6 cottages, a house, a warehouse, an event hall, 2 RV storage spaces & plenty of land to hold large events. See full ”BUILDING IMPROVEMENTS AND LAND DESCRIPTIONS” in the flyer for more details. The main house is approximately 2,400 SF with 3 Bed/ 2.5 Bath. Cottages are a mix of 2 Bed/1 Bath, 1 Bed/1 Bath, & Efficiencies. Each of the buildings is individually metered for electric. Furniture in all cottages convey with sale, including linens. Items needed to operate an event center also convey, including tables, chairs, linens. Laundry Facilities & Linen Storage is also available on the property. The Recreation/Event Hall and the surrounding 2.5 wooded acres is ideal for holding large events including weddings, family reunions, church events or other events requiring overnight accommodations. Warehouse may also be used for events during cooler months. The 2,720 SF Warehouse includes some air-conditioned storage and has enough room to store antique cars with 2 roll-up doors & 2 additional entries. There are also 2 dedicated RV Storage Spaces Available. PROPERTY WILL BE DELIVERED VACANT AT CLOSING.
DO NOT DISTURB OWNERS OR RENTERS

Property Details

Class: C
Year Built/Renovated: 2005/2017
Stories: 1
Property Subtype: Manufactured Housing/Mobile Home
Lot Size (sq. ft): 108,900 SF
Units: 11

Highlights

** Access will NOT be granted without Agent**
Currently Operating as a Retreat in Quiet Residential Country Community
Great Mix of Income Producing Assets (See Flyer for Details)
FF&E in Cottages & Event Hall Convey. House Furnishings Negotiable
Level Wooded Acreage
Perfect for a Bed & Breakfast, S/T Rentals, L/T Rentals, an Event Center, or Senior Living Living

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