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1702 Mineral Wells Highway

Weatherford, TX 76088
  • $2,700,000
  • STATUS: Active
  • ON SITE: 121 Days
  • MLS #: 20344442
UPDATED: 32 min ago
$2,700,000
  • 0
    BEDS
  • 2.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1982
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by John Mcmackin of Clark Real Estate Group: 817-458-0402.

Description

Dramatic Price Reduction - Priced to Sell Updated P&L, ProForma, and Rent Roll. In today's Parker County market, rarely does a stabilized multi-family holding become available. Excellent Opportunity! This small 5-building, two story complex is a well suited addition to any investor's portfolio or 1031 exchange buyer. Outside of the city limits. 100% occupancy, low maintenance and almost no deferred maintenance. Westridge Apartments provides residents with a comfortable and convenient living experience. With its well-designed units, desirable amenities, and favorable location, it presents a desirable option for individuals or families seeking a pleasant residential community in Weatherford, Texas. Adjacent to the Dollar General and a stone's throw from Brookshires Grocery, convenience is just a short walk away. Each unit is individually metered for electricity. Water and sewer are common and included with rent. Great upside potential as rental rates are currently below market.

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© 2023 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Elite. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than EXIT Realty Elite are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-10-02T10:42:51.967.
www.exitelitedfw.com/homes/140127944
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1702 Mineral Wells Highway Weatherford, TX 76088

  • Price: $2,700,000
  • Status: Active
  • On Site: 121 Days
  • Updated: 32 min ago
  • MLS #: 20344442
0
Beds
0
Baths
0
½ Baths
2.2
Acres
1982
Built
Neighborhood:
Aj Ball Survey
County:
Parker
Area:
Weatherford
Elementary School:
Wright
High School:
Weatherford
School District:
WEATHERFORD ISD
Property Description
Dramatic Price Reduction - Priced to Sell Updated P&L, ProForma, and Rent Roll. In today's Parker County market, rarely does a stabilized multi-family holding become available. Excellent Opportunity! This small 5-building, two story complex is a well suited addition to any investor's portfolio or 1031 exchange buyer. Outside of the city limits. 100% occupancy, low maintenance and almost no deferred maintenance. Westridge Apartments provides residents with a comfortable and convenient living experience. With its well-designed units, desirable amenities, and favorable location, it presents a desirable option for individuals or families seeking a pleasant residential community in Weatherford, Texas. Adjacent to the Dollar General and a stone's throw from Brookshires Grocery, convenience is just a short walk away. Each unit is individually metered for electricity. Water and sewer are common and included with rent. Great upside potential as rental rates are currently below market.
Exterior Features

Carport Spaces 0 Construction Vinyl Siding Covered Spaces 0 Exterior Features Balcony Fencing Wood Foundation Concrete PerimeterPillar/Post/Pier Lot Description Level Lot Size Source Assessor Parking Or Garage AsphaltCommonOn SiteOpenOutsidePavedUnassigned Parking Spaces 34 Patio And Porch Features Awning(S) Pool On Property No Roof Composition Waterfront YN No

Interior Features

Appliances DishwasherElectric RangeRefrigerator Attached Garage No Basement No Cooling Electric Fireplaces 0 Flooring CarpetLaminateLinoleumSimulated Wood Garage No Handicap YN No Heating Electric Interior Features Cable Tv Available

Property Features

Accessory Unit YN No Building Area Source Public Records Building Area Total 14160.00 Complex Name Westridge Apartments Construction Status Preowned Gross Annual Expenses 116733.00 Gross Annual Income 259440.00 HOA None Horse Permitted No Insurance Expense 13611 Levels Two List MLSProvider Greater Metro West Association Of Realtors Listing Terms CashContractConventional Municipal Utility District No Net Operation Income 142707 Operating Expense Includes MaintenanceMaintenance GroundsParkingPest ControlTrashWater/Sewer Possession Specific Date Property Type Multi Family Senior Community No Special Notes Aerial PhotoSurvey Available Tenancy Pets Allowed Unexempt Taxes 15026 Utilities AsphaltCable AvailableCity SewerCity WaterElectricity ConnectedPhone Available Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2023 North Texas Real Estate Information System.


© 2023 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Elite. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than EXIT Realty Elite are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-10-02T10:42:51.967.
 
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EXIT Realty Elite
931 S Church Street
Grapevine TX, 76051
Offered by John Mcmackin of Clark Real Estate Group: 817-458-0402.