NOT LISTED FOR SALE
17 Beds
17 Baths
12,814 Sq Ft
1930 Built

Last Sold October 31, 2018

7 Days on Market

Highlights

  • Wood Flooring
  • Floor Furnace
  • Laundry Facilities
  • Fairfield Magnet School Rated A-
  • Garage

About This Home

As of October 2018

Excellent investment opportunity! This building has excellent rental history - currently at 100% occupancy and a $29,111 per unit price yielding a 10%+ CAP rate. New metal roof and is currently being painted. This building has no deferred maintenance. A total of 17 units - 8 efficiency apartments and 9 one bedroom apartments. All tenants have current leases. Call today for a showing appointment.

Last Agent to Sell the Property

Shawn Fargerson

Coldwell Banker Apex, REALTORS License #0995690761 Listed on: 09/01/2018

Coldwell Banker Apex, REALTORS

Last Buyer's Agent

Stacey Simmons

Keller Williams Northwest License #0995696078

Keller Williams Northwest

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1930

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Metal Roof

Interior Spaces

  • 12,814 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 17 Full Bathrooms

Schools

  • Louisiana Elementary And Middle School
  • Louisiana High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Cooling System Mounted To A Wall/Window
  • Window Unit Cooling System
  • Floor Furnace
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 171306-070-0119-00

Community Details

Overview

  • 12,814 Sq Ft Building
  • Bauman Place Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Apartment

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Unit Levels: Two
  • Restrictions: No Sublease, Pet Restrictions
  • Gross Sq Ft: 12814
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Multi Zoning Y N: No
  • Net Operation Income: 99000
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 35.89824
  • Special Features: None
  • Year Built: 1930

Interior Features

  • Square Footage: 12814.00
  • Flooring: Vinyl, Wood
  • Ceiling Height: Other

Beds/Baths

  • Full Bathrooms: 17
  • Total Bedrooms: 17

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Community Features: Laundry
  • Fencing: None
  • Roof: Metal
  • Construction Materials: Brick, Other

Garage/Parking

  • Cooling System: Wall Unit(s), Wall/Window Unit(s), Window Unit(s)
  • Total Covered Spaces: 16
  • Attached Garage YN: No
  • GarageYN: Yes

Utilities

  • Heating: Floor Furnance, Wall Furnace
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Caddo PSB
  • Elementary School: Louisiana
  • High School: Louisiana
  • School District: Caddo PSB
  • Elementary School: Louisiana
  • Junior High School: Louisiana
  • High School: Louisiana

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Parcel Number: 171306-070-0119-00
  • Will Subdivide: No

Building Info

  • Year Built: 1930
  • Units Total: 17

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Gross Annual Expenses: 49000.00
  • Unit Count: 2

MLS Schools

  • MiddleOrJuniorSchool: Louisiana
  • Elementary School Name: Louisiana
  • High School Name: Louisiana

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold -- -- --
09/08/2018 09/08/18 Pending -- -- --
09/01/2018 09/01/18 For Sale $495,000 -- $39 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 232759NL

North Texas Real Estate Information Systems (NTREIS)