Maverick on Seymour

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Address: 3706 Seymour Rd, Wichita Falls, TX 76309, USA
Created date: July 11, 2024
Date last updated: July 15, 2024

Maverick on Seymour

116 Units | Built in 1974 | Wichita Falls, TX

Click Here to View Complete Offering Details

Contact Kevin Parrish at (972) 755-5159 or Trey Green at (817) 932-6173 for more information.

Projected 10%+ Cash-on-Cash, Mid 20% IRR, 2x+ Equity Multiple
Historically Stable Asset in a Well Located Area with Compelling Yields on a
Five-Year Hold

75% LTV Attractive Agency Debt Available
Multiple Years of Interest Only Term

Upgrade Unit Interiors to Platinum Level
Significant Monthly Rent Premium

Turnkey Asset With $4.5M in Recent Capital Improvements
Widespread Property Enhancements

Extend First-Floor Patios into Spacious Yards
Realize an Outstanding Return on Investment

Lease Additional Washer/Dryer Sets
Boost Existing Income Stream

Introduce Reserved Parking Spaces
New Revenue Source With Minimal Expense

Add Community Amenities
Attract and Retain Quality Residents

Click Here to View Complete Offering Details

Kevin Parrish
First Vice President
(972) 755-5159 direct
[email protected]

Trey Green
Associate
(817) 932-6173 direct
[email protected]

Matt Aslan
First Vice President
(972) 755-5275 direct
[email protected]

John McGregor
First Vice President
(972) 755-5194 direct
[email protected]

Nick Fluellen, CCIM
Executive Managing Director
(972) 755-5214 direct
[email protected]

Bard Hoover
Senior Managing Director
(972) 755-5216 direct
[email protected]

Property Description

Maverick on Seymour | 116 Units | Built in 1974 | Wichita Falls, TX | Click Here to View Complete Offering Details | Contact Kevin Parrish at (972) 755-5159 or Trey Green at (817) 932-6173 for more information. | Projected 10%+ Cash-on-Cash, Mid 20% IRR, 2x+ Equity Multiple | Historically Stable Asset in a Well Located Area with Compelling Yields on a Five-Year Hold | 75% LTV Attractive Agency Debt Available | Multiple Years of Interest Only Term | Upgrade Unit Interiors to Platinum Level | Significant Monthly Rent Premium | Turnkey Asset With $4.5M in Recent Capital Improvements | Widespread Property Enhancements | Extend First-Floor Patios into Spacious Yards | Realize an Outstanding Return on Investment | Lease Additional Washer/Dryer Sets | Boost Existing Income Stream | Introduce Reserved Parking Spaces | New Revenue Source With Minimal Expense | Add Community Amenities | Attract and Retain Quality Residents | Click Here to View Complete Offering Details | Kevin Parrish | First Vice President | (972) 755-5159 direct | [email protected] | Trey Green | Associate | (817) 932-6173 direct | [email protected] | Matt Aslan | First Vice President | (972) 755-5275 direct | [email protected] | John McGregor | First Vice President | (972) 755-5194 direct | [email protected] | Nick Fluellen, CCIM | Executive Managing Director | (972) 755-5214 direct | [email protected] | Bard Hoover | Senior Managing Director | (972) 755-5216 direct | [email protected]

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
No. of Units: 116
Year Built: 1974
Building Size: 109,020 Sq ft
Lot Size: 8.84 Acres
Opportunity Zone: No
Property Website Click Here
Address: 3706 Seymour Rd, Wichita Falls, TX 76309, USA

Additional contacts

Full name Phone number Email address
Kevin Parrish (972) 755-5159 [email protected]
Trey Green (817) 932-6173 [email protected]

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