.(144568) Fully Occupied 20-Unit Apartment Complex with High Cash Flow, Texarkana, TX Sold

$639,900

Sold

Collect $9,350/month OR MORE on this
20 units Apartment Complex
Texarkana, TX

Excellent Cash Flowing Property!

• Are you looking for real passive income?
• Are you looking to multiply your returns in real estate?
• Tired of competing over single family units?

For a price of Single Family Home, you can have 20 income-producing units!

PRICED TO MOVE QUICKLY:  $639,900

This multifamily property offers multiple money-generating strategies:

• Current Occupancy:  100%
• CAP Rate on Actuals:  10%
• $57,805 annual NOI
• Cash on Cash Return on Actuals: 20%
 Highly visible property, just off of I-30 and I-369
• 2.5 Hr drive from Dallas
• Value play: Rent Increase! To place Onsite Laundry Machines!
• Texarkana is the home for Texas A&M University
• Top Employers: Red River Army Depot (Military Base), CSM Healthcare, Cooper Tire & Rubber Company, Domtar, Walmart, International Paper, Southern Refrigerated Transport

This is an off-market deal that is being offered before it goes to the
nationwide market on Aug 31, 2017.

For IMMEDIATE DELIVERY of the Property Package:

Option 1:  Text your name & email to 903-200-1894 and a packet will be emailed within 10 minutes

Option 2:  Dial the voice box at 903-200-1894 and speak ONLY your name & email – a packet will be emailed within 10 minutes

Property Details

Price:
$639,900
Address:
511 Blake St
City:
Texarkana
State:
TX
Zip Code:
75501
Terms:
For Sale
Property Type:
Apartment

Property Location