1008 Springbrook Drive

    Desoto, TX 75115
    • $2,200,000
    • STATUS: Active
    • ON SITE: 228 days
    • MLS #: 13812695
    UPDATED: 111 min ago
    $2,200,000
    • 0
      BEDS
    • 0.48
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1983
    County:
    Area:

    School Ratings & Info

    Offered by Chris Williams of Texas Urban Living Realty.

    Description

    ONE OF A KIND TURNKEY 5 RESIDENTIAL GROUP HOMES OPPORTUNITY. 5 Fully operational Group Homes for Sale. 3 Homes located on one cul-de-sac in quiet Desoto neighborhood. The largest of the Homes is licensed for 16 residents. 1 Lancaster Home & 1 Dallas Home both licensed for 8 Residents and accepts Medicaid Recipients which attracts Move-Ins directly from Hospital and Skilled Nursing Facility Discharge Planners. All homes combined are currently operating at a 40% Profit Margin. All 5 Homes, Staff, Equipment, Vehicle & Furniture $2,200,000. Current Monthly Net Approx $26,760.00. Owners have been in the business for over 20 years and ready to retire.

    Monthly Payment Calculator



    © 2018 North Texas Real Estate Information Systems. All rights reserved. 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 Kimberly Davis & Associates, Keller Williams Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data is deemed reliable, but not guaranteed accurate by the MLS or NTREIS. 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. Data last updated 2018-11-20T23:40:17.737.
    www.ntxpropertysearch.com/homes/82367207

    1008 Springbrook Drive Desoto, TX 75115

    • Price: $2,200,000
    • Status: Active
    • Updated: 111 min ago
    • MLS #: 13812695
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.48
    Acres
    1983
    Built
    Neighborhood:
    Springbrook Bend
    County:
    Dallas
    Area:
    Desoto
    Property Description
    ONE OF A KIND TURNKEY 5 RESIDENTIAL GROUP HOMES OPPORTUNITY. 5 Fully operational Group Homes for Sale. 3 Homes located on one cul-de-sac in quiet Desoto neighborhood. The largest of the Homes is licensed for 16 residents. 1 Lancaster Home & 1 Dallas Home both licensed for 8 Residents and accepts Medicaid Recipients which attracts Move-Ins directly from Hospital and Skilled Nursing Facility Discharge Planners. All homes combined are currently operating at a 40% Profit Margin. All 5 Homes, Staff, Equipment, Vehicle & Furniture $2,200,000. Current Monthly Net Approx $26,760.00. Owners have been in the business for over 20 years and ready to retire.
    Exterior Features

    Construction Brick Construction Materials Walls Brick Foundation Slab Parking Or Garage Side Roof Composition

    Interior Features

    Ceiling Height Other Commercial Features Other Flooring Ceramic TileLaminateWood Heating Central Air-ElecCentral Heat-Elec Sq Ft Building 3727 Sq Ft Gross 4518 Sq Ft Leasable 3727

    Property Features

    Building Area Source Appraiser Building Use Other Commercial Zoning Res Construction Status Preowned Gross Annual Expenses 481680 Gross Annual Income 802800 Inclusions BusinessFurnitureInventoryOther Lot Size Source Tax Multi Zoning No Municipal Utility District No Net Annual Income 321120 Possession Closing/Funding Property Type Com-Sale Proposed Financing CashConventionalOther Tenant Pays Other Unexempt Taxes 5255 Utilities City SewerCity Water Will Subdivide Subdivided

    Data is deemed reliable, but not guaranteed accurate by the MLS or NTREIS. Data last updated 2018-11-20T23:40:17.737.


    © 2018 North Texas Real Estate Information Systems. All rights reserved. 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 Kimberly Davis & Associates, Keller Williams Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data is deemed reliable, but not guaranteed accurate by the MLS or NTREIS. 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. Data last updated 2018-11-20T23:40:17.737.
     
    Kimberly Davis & Associates, Keller Williams Realty
    3600 Preston Road
    Plano TX, 75093
    Offered by Chris Williams of Texas Urban Living Realty.