GREAT INVESTMENT OPPORTUNITY IN THE GORGEOUS AND GROWING EAST TEXAS! Developers, seize the high-demand rental market with this 28-unit duplex development built 2021-2022! Each 3/2 unit features 1,440 sq ft, fenced backyards, granite countertops, and concrete floors for easy maintenance. Average rent of $1,650, generating a cap rate of 6.4%. Energy-efficient construction and sprinkler systems minimize costs. There's space to build 4 more buildings (dirt work already done) with the builder on stand by willing to build them. Situated in a highly desired school district - Owens/Three Lakes/Legacy. Contact us today to explore this turn-key investment opportunity in a prime location with limited rental options! (Additional details available upon request).

Listing courtesy of Denice Smith of Keller Williams Realty-Tyler ?



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Data Last Updated - 2024-05-02 07:00 AM UTC