Description
Incredible investment opportunity to purchase a diverse portfolio of 5 tenant occupied homes in Plano, Dallas, Richardson, and Farmers Branch! Currently occupied by a sober living facility, current owner is looking to sell and lease back for minimum of 3-5 years with increased rents to new owner. 6% cap rate minimally with a net income of over $190,000 annually. Property values in DFW are projected to increase by 12%! Don't miss this opportunity. Addresses are 1117 Lakestream Drive 75075, 4445 Burnhill Drive, Plano TX 75074, 23 Grant Circle, Richardson TX 75081, 10219 Sunridge Trail, Dallas TX 75243, 13375 Glenside Drive, Farmers Branch 75234. Do not disturb tenants.
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24BEDS
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0.21ACRES
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14BATHS
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41/2 BATHS
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15,190SQFT
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$211$/SQFT
Description
Incredible investment opportunity to purchase a diverse portfolio of 5 tenant occupied homes in Plano, Dallas, Richardson, and Farmers Branch! Currently occupied by a sober living facility, current owner is looking to sell and lease back for minimum of 3-5 years with increased rents to new owner. 6% cap rate minimally with a net income of over $190,000 annually. Property values in DFW are projected to increase by 12%! Don't miss this opportunity. Addresses are 1117 Lakestream Drive 75075, 4445 Burnhill Drive, Plano TX 75074, 23 Grant Circle, Richardson TX 75081, 10219 Sunridge Trail, Dallas TX 75243, 13375 Glenside Drive, Farmers Branch 75234. Do not disturb tenants.
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