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1804 SW Barnard St
Glen Rose, TX 76043

$2,950,750 USD

Apartments For Sale  •  13,700 SF

Property Details

  • Property Type Apartments
  • Total Building Size 13,700 SF
  • Lot Size 1 AC
  • Building Class C
  • Year Built 1900
  • Zoning Multifamily Residential
0 Transit Score
15 Walk Score

Description

Excellent Income Producing Opportunity. This Residential Rental Portfolio consist of 12 units ranging from 1 bedrooms to 2 bedrooms. Duplex, Townhomes, and Single Detached Bungalow Style units. There are 6 Bungalows which are the most recent builds in the portfolio. Bungalows are from 1 bedroom to 3 bedroom Single to 2 story Townhome Duplexes which consist of Four 2 story units. Townhomes have all been remodeled with the exception of 1. Seller has a bid available to update remaining townhome. There is one 2 bedroom single story duplex which consist of 2 units. The duplex could use some updating. All rentals in this portfolio are well maintained with only a 3 vacancies. This investment opportunity will not last long.

Highlights

Excellent Income Producing Opportunity
Well maintained
Only 3 vacancies

Property Flyers

Financial Summary (Actual)

Net Operating Income: $120,510 USD (2024)
Total Expenses: $71,538 USD
Lori Mills 817-578-0609 Clark Real Estate Group
Lori Mills 817-578-0609 Clark Real Estate Group