Seven fourplexes for sale, all on one street! Very rare opportunity to own so many fourplexes in one area with the ease of management that such an opportunity provides. Properties must be purchased all together. Buildings have pitched roofs; are individually metered for water & electricity; have separate HVAC systems; & fenced yards. The seven separate parcels allow investors to obtain either commercial or residential financing. Graham Parham of WJ Bradley Mortgage Capital, LLC has quoted individual residential loans @ 4.75% fixed for 30 years with a 25% down payment (as of February 22, 2015). Sales Info: ■ Commision split: 2.5% Location Description: Properties are located off NE Loop 820 and Rufe Snow Dr. Easy access to multiple major freeways including but not limited to SH 121, 1-30, SH 183, and I-35. WinCo Foods, a privately held, majority employee-owned American supermarket chain, was recently been built within walking distance of properties. North Richland Hills 2013 population growth rate is ranked 32nd highest in the nation. Highlights: ■ Value add opportunity with continued unit renovations ■ Proven rental increases of $250 per month after full Renovations ■ Unique financing opportunity (commercial or residential) ■ Flexible exit strategy for new owner ■ Outside Maintenance Storage Building included ■ Economically active area including recent addition of WinCo Foods and Chipotle restaurant « show less
Seven fourplexes for sale, all on one street! Very rare opportunity to own so many fourplexes in one area with the ease of management that such... show more »
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