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7311 Fm 1886

Azle, TX 76020
  • $3,750,000
  • STATUS: Active
  • ON SITE: 59 Days
  • MLS #: 20504457
Price Reduced
$3,750,000
  • 0
    BEDS
  • 10
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2022
County:
Area:

School Ratings & Info

Offered by Dustin Wright of Keller Williams Realty: 817-845-7367.

Description

Introducing Cabins at Rocky Top " a premier investment opportunity in Azle, Texas. This distinguished 10-acre property features a nearly fully-leased cabin community, offering a rare combination of immediate cash flow and significant growth potential. With its mix of one-story and loft-style units, this development caters to a diverse tenant base seeking the allure of cabin living with modern conveniences.Investment Highlights:Land Size: 10.004 AcresTotal Units: 12 (6 One-Story, 6 Two-Story Lofts)Leasing Office: On-site for management and tenant servicesOccupancy: 92% leased, providing immediate revenueFuture Expansion: 2 additional cleared sites ready for developmentUnit Specifications:One-Story Units: 1,270 sq. ft., 3 bed 2 bath, fully-equipped kitchen, laundry, diningLoft Units: 1,670 sq. ft., 3 bed 2 bath, two-level living, premium featuresConstruction: High-quality materials for durability and reduced maintenance costs

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© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Robbins Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Robbins Real Estate Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-03-02T23:43:05.977.
www.teamrobbins.com/homes/146368946
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7311 Fm 1886 Azle, TX 76020

  • Price: $3,750,000
  • Status: Active
  • On Site: 59 Days
  • MLS #: 20504457
0
Beds
0
Baths
0
½ Baths
10
Acres
2022
Built
Neighborhood:
Wright-Tucker Farm
County:
Parker
Area:
Azle
Property Description
Introducing Cabins at Rocky Top " a premier investment opportunity in Azle, Texas. This distinguished 10-acre property features a nearly fully-leased cabin community, offering a rare combination of immediate cash flow and significant growth potential. With its mix of one-story and loft-style units, this development caters to a diverse tenant base seeking the allure of cabin living with modern conveniences.Investment Highlights:Land Size: 10.004 AcresTotal Units: 12 (6 One-Story, 6 Two-Story Lofts)Leasing Office: On-site for management and tenant servicesOccupancy: 92% leased, providing immediate revenueFuture Expansion: 2 additional cleared sites ready for developmentUnit Specifications:One-Story Units: 1,270 sq. ft., 3 bed 2 bath, fully-equipped kitchen, laundry, diningLoft Units: 1,670 sq. ft., 3 bed 2 bath, two-level living, premium featuresConstruction: High-quality materials for durability and reduced maintenance costs
Exterior Features

Construction BrickWood Foundation Slab Lot Size Source Plans Parking Or Garage DrivewayOn Site Roof Metal

Interior Features

Ceiling Height 8 to10 Feet11 to 14 Feet Cooling Ceiling Fan(s)Central AirElectric Flooring VinylWood Handicap YN No Heating CentralElectric Sq Ft Gross 18200

Property Features

Building Area Source Owner Building Area Total 18200.00 Building Use Other Construction Status Preowned Gross Annual Expenses 0.00 Gross Annual Income 0.00 List MLSProvider Metrotex Association Of Realtors Multi Zoning No Municipal Utility District No Net Operation Income 0 Possession Negotiable Property Type Business Tenant Pays All Utilities Transaction Includes Other Unexempt Taxes 34586 Utilities DirtElectricity AvailableElectricity ConnectedPrivate SewerWellOther Will Subdivide No Zoning No Zoning

North Texas Real Estate Information Systems MLS logo Listing information © 2024 North Texas Real Estate Information System.


© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Robbins Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Robbins Real Estate Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-03-02T23:43:05.977.
 
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Robbins Real Estate Group
1920 McKinney Ave WeWork/Robbins Real Estate Group
Dallas TX, 75201
Offered by Dustin Wright of Keller Williams Realty: 817-845-7367.