7718 FM 1886
Property Description
A premier multi-family residential investment opportunity in Azle, Texas. Spanning 10 acres, this home community offers a turnkey cash-flowing asset with a blend of rustic charm and modern convenience. Fully occupied, and minimum 1-year lease terms, investors benefit from immediate revenue and a stable income stream. Designed for quality living, the community features 12 well-crafted homes. A mix of one-story and loft-style residences, providing occupants with spacious, comfortable accommodations that blend cabin-style aesthetics with modern amenities. Additionally, two cleared expansion sites offer opportunities for future development, increasing the long-term value of this investment. Immediate Cash Flow. Fully leased with long-term occupants, providing stable rental income from day one. Expansion Potential. Two cleared sites for future residential or amenity development Desirable Location. Azle offers small-town charm with easy access to major urban centers. The property appeals to those seeking modern homes in a peaceful community Community-Oriented Design. Thoughtful layout fosters lifestyle satisfaction and retention One-Story Units: 1,270 sq. ft., 3 br 2 bath, fully-equipped kitchen, laundry, dining Loft Units: 1,670 sq. ft., 3br,2 ba, two-level living, premium features Construction: High-quality materials for durability and reduced maintenance cost
Broker Details
eXp Realty (888) 519-7431
MLS ID: 0661426 State License Number: 0661426
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,986,000 |
| No. of Units: | 12 |
| Year Built: | 2022 |
| Opportunity Zone: | No |
| Price per unit: | $248,833 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-NTREIS-21172237
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