Good Candidate for Renovation~ A new buyer should see good value return with interior and exterior improvements. The vacant units need varying degrees of make readies. The area occupancy for this type of property that has been renovated is in the mid to high 90 percent range. With interior and exterior repairs/upgrades it is possible that the property could sustain rents in the .70/sf to .75/sf range or higher depending on the degree of improvements. Beechnut Palms is a good opportunity for an owner to purchase a property near Houston Chinatown and Houston Baptist University that has Good Upside Potential with improvements and a strong onsite manager. There is upside in the rents, and with implementation of a Water RUBs and with a new owner taking over the laundry facilities on the property and purchasing his own laundry equipment. The property has covered parking.
Price Upon Req.Size Upon Req.
Auction.com and ARA Dallas present the opportunity to acquire Electra, an 8-unit multi-family property located in Electra, TX. The property features 2 - 725 SF 1bd/1bth and 6 - 925 SF 2bd/1bth units constructed in 1968. At 25% occupancy, the property offers significant upside for a new owner. The property offers pitched composition roofs, large floor plans, full-size washer/dryer connections in select units, and individual hot water heaters. The property received exterior carpentry work and paint in 2011. The property is walking distance from Electra Junior High School. Major industries in Electra are ranching, farming, and oil production. Electra, TX is a city in Wichita County, approximately 25 miles west of Wichita Falls on US-287. Financing AvailableFinancing has been made available for this property. Please click the link below to find out more.Get Started Here
Price Upon Req.27,332 SF
Auction.com and ARA Dallas present the opportunity to acquire Live Oak Apartments, a 40-unit multi-family property located in Stamford, TX. The property features 16 - 614 SF 1bd/1bth and 24 - 747 SF 2bd/1bth units constructed in 1986. The property is currently 40% occupied, offering significant upside for a new owner. It has a separate leasing office, maintenance shop, and a laundry room. Live Oak is the largest and the newest apartment community in Stamford. The property offers pitched composition roofs, individual electric meters, and individual gas meters for the central heating system. The property has gas water heaters. Tenants are financially responsible for all electric, trash and gas usage in their unit. The Stamford economy is based largely on education, healthcare and agriculture. For a small city, Stamford has an exceptional School District, with close to 100% of all teachers meeting the `Highly Qualified Teacher Requirements'. Stamford, TX is located on the border of Jones and Haskell counties in west central Texas and is approximately 40 miles north of Abilene. Financing AvailableFinancing has been made available for this property.
Price Upon Req.12,560 SF
Auction.com as exlusive marketing advisor is pleased to present the opportunity to acquire Ferguson Place Townhomes, a 6 duplex (12 units) multi-family property located in Humble, Texas.Ferguson Place Townhomes was constructed in 2002 with brick and hardiplank construction. The property was renovated in 2011, with approximately $2,500/unit on interior rehab. All units are individually metered and have R-30 insulation, 9 foot ceilings, 12 seer AC units, alarm systems, private garages with auto garage door openers, berber carpet, crown moldings, patios and porches. At 100% occupancy and an average unit size of 1,050 SF, this investment provides the winning bidder with a high quality asset and stable cash flow. It is conveniently located near George Bush Intercontinental Airport, local business, entertainment & has easy access to Interstate 69 (I-69). Financing AvailableFinancing has been made available for this property. Please click the link below to find out more.Get Started HereProperty Listed By: Adrian Strelzow - HTX Realty, Inc.; TX RE #9002428 / 800-841-9682 or firstname.lastname@example.org
Price Upon Req.5,429 SF
Auction.com and ARA Dallas present the opportunity to acquire King Manor, a 30-unit multi-family property located in Ranger, TX. The property features 10 - 551 SF 1bd/1bth and 20 - 657 SF 2bd/1bth units across three buildings, constructed in 1975. The property is currently 77% occupied. King Manor offers pitched composition roofs, an on-site laundry facility, individual electric meters, and two brand new commercial 199K BTU boiler tanks used for hot water. One of the three buildings was completely rebuilt a few years ago. The property is minutes from Ranger College, one of the oldest public two-year colleges in the state of Texas, with an enrollment of approximately 2,000 students. Ranger, TX is a city in Eastland County, directly off of I-20, approximately 55 miles west of Weatherford and 85 miles west of Fort Worth. Financing AvailableFinancing has been made available for this property. Please click the link below to find out more.Get Started Here
Price Upon Req.16,704 SF
Auction.com and ARA Dallas present the opportunity to acquire Country Hills Apartments, an 18-unit multi-family property located in Iowa Park, TX. The property features 6 - 750 SF 1bd/1bth, 8 - 925 SF 2bd/1bth, and 4 - 950 SF 2bd/2bth units constructed in 1970. At 56% occupancy, the property offers significant upside for a new owner. The property offers all new pitched roofs installed in 2013, a laundry room, a maintenance shop, individual hot water heaters, and a managers unit, property_commercial.updatedBy = 22355 where one of the bedrooms can be used as a leasing office. The property received exterior carpentry work and paint in 2011. Iowa Park is a city in Wichita County, TX and is approximately 10 miles west of Wichita Falls.Financing AvailableFinancing has been made available for this property. Please click the link below to find out more.Get Started Here
Price Upon Req.38,608 SF
Property showings will be offered on Thursday, April 2nd and Thursday, April 9th between 10:00 AM to 1:00 PM local time. Please contact the listing broker to RSVP.Auction.com and Stream Realty Partners present an opportunity to acquire, El Rey Apartments, a 56-unit apartment complex located in Sinton, TX. Built in 1969, the property unit mix contains 36-units with 1BR/1BA and 20-units with 2BR/1BA. The property is situated on 2.30 acres with improvements consisting of four, 2-story buildings with brick and wood veneer exteriors with pitched roofs. The site also includes a 1-story building of similar design housing the leasing office and laundry room. The site is located approximately 25 miles NE of Corpus Christi via US HWY 77 and is easily accessible via public transportation and various thoroughfares. The surrounding area of the property is a mix of light commercial and residential subdivisions with commercial developments located along the major thoroughfares.Financing AvailableFinancing has been made available for this property. Please click the link below to find out more.Get Started Here
Price Upon Req.2,040 SF
Auction.com and ARA Dallas present the opportunity to acquire Wildwood Apartments, a 21-unit multi-family property located in Vernon, TX. The property is currently 14% occupied and is in need of rehabilitation, but presents a tremendous opportunity for a new owner to realize the property's full potential. The property offers pitched composition roofs, a laundry room, and an outstanding location across the street from Vernon College, a two-year junior college, with an enrollment of approximately 3,000 students. In addition, the property is walking distance from the North Texas State Hospital, Wal-Mart, and Vernon High School. Vernon is a vibrant community known for its quiet neighborhoods and lively business districts. Major businesses and industries in Vernon include a Tyson Foods, formerly Wright Brand Foods, Inc., bacon processing plant, a Rhodia, Inc. processing plant, North Texas State Hospital, and the Texas AgriLife (Texas A&M System) Research and Extension Center. Vernon, TX is a city in Wilbarger County, approximately 50 miles west of Wichita Falls. Financing AvailableFinancing has been made available for this property.
Price Upon Req.23,428 SF
Hidden Pines is a 46-unit apartment community located in the Spring Branch submarket of Houston, TX. The property is well-occupied at 90% (FEB. 2015) and is partially renovated. Hidden Pines has little to no deferred maintenance, but has tremendous rental upside through the continuation of interior upgrades. The property offers the investor potential to easily achieve cash returns above 12% and due to its excellent location and works well as a covered land play also.