๐ฅ HOT 20-Unit Apartment Deal – Texarkana, TX! ๐ฅ
๐ขTexarkana, TX 75501 ๐ข
Looking for your next BIG multi-family investment? ๐ This 20-Unit apartment complex is packed with potential and ready for you to capitalize on its value. Owner's Loss is YOUR Gain! ๐ธ Remodel the remaining units and rent to a list of waiting tenants!
Deal Highlights:
๐ฅ Price: $999,000
๐ฅ Down Payment: $137,000 (just 11% down!)+ 3% assignment fee ๐ฏ Total Entry Fee: $167,970
๐ฅ Seller Financing: $888k at just $5,306/month P&I (~4.7% blended interest rate!)
๐ฅ Cash-on-Cash Return: ~28.8% ๐คฏ
Property Details:
โจ 20 Units Total:
- 12 Units: 2 bed / 1 bath – 800 sq ft ๐๏ธ๐
- 8 Units: 1 bed / 1 bath – 650 sq ft ๐๏ธ๐
โจ Lot Size: 43,212 sq ft ๐ณ
โจ Year Built: 1980 ๐๏ธ
โจ APN: 828 (Bowie County)
Current Status:
- 8 of the 20 units are currently rented ๐ผ
- 2 more units being cleaned and ready to rent soon ๐งผ
- Masonry Construction ๐งฑ
- Roof replaced in 2022 ๐
- Tenants pay electricity (separately metered) ๐
- Owner covers water/sewer/trash ๐ฐ
Why This Deal?
โ
Property management is in place and can be continued by the Buyer, or units can be self-managed.
โ
The local housing department has tenants with vouchers in need of units in this area! ๐
โ
Remodel the remaining units for even more income potential. ๐ฐ
Entry Fee:
๐ $137,000 down payment (only 11%) + 3% assignment fee
๐ฏ Total Entry Fee: $167,970
This is a MASSIVE opportunity for serious investors! ๐ฅ Reach out today to secure this amazing deal before it’s gone!
๐ For Access & More Info:
Contact Jervon Thompson
๐ฑ Phone: 469-949-3363
๐ง Email: jervonthompson@gmail.com
Do Your Due Diligence & Let's Close This Deal! ๐ผ
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