About 11638 Sam Reynolds Road
A portfolio of nine income-producing properties located within 15 miles of each other is centrally situated in Justin (3), Ponder (2), and Rhome (4). All homes in the portfolio are 100% occupied by long-term tenants and generate a gross annual income of $181,560. All homes sit on 1+ acre lots and have been well-maintained, making these highly desirable rental units for any investor. This turn-key portfolio is an instant cash-flow opportunity in the high-growth area of Alliance, which straddles Denton and Tarrant counties. Alliance is one of the nation's premier business parks, offering a variety of work environments, including office, industrial, flex, and retail. Cash purchase, properties are not in the same neighborhood making it difficult for financing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Please be aware, tenants were not disturbed to obtain accurate room dimensions. PNL numbers are a 3-year average.
Features of 11638 Sam Reynolds Road
MLS® # | 20711016 |
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Price | $1,999,500 |
Bedrooms | 32 |
Bathrooms | 21.00 |
Full Baths | 21 |
Acres | 1.00 |
Year Built | 1993 |
Type | Residential Income |
Sub-Type | Multi Family |
Status | Active |
Community Information
Address | 11638 Sam Reynolds Road |
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Subdivision | Sunflower Meadows |
City | Justin |
County | Denton |
State | TX |
Zip Code | 76247-7786 |
Amenities
Utilities | Septic, Other |
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Garages | Other, Outside |
Is Waterfront | No |
Has Pool | No |
Interior
Interior Features | Other |
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Heating | Electric |
Fireplace | No |
Exterior
Roof | Composition |
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Construction | Other |
Foundation | Other |
School Information
District | Northwest ISD |
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Elementary | Hatfield |
Middle | Pike |
High | Northwest |
Additional Information
Construction Details | Preowned |
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Listing Details
Agent | Bernardo Vallarino |
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Office | Keller Williams Fort Worth |
Contact Info | 817-920-7700 |