Kemp, TX 75143,00 Co Road 4052
$1,400,000
Est.Price: ?

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4.24 Acres Lot

00 Co Road 4052 Kemp, TX 75143

Est. payment /mo
SOLD DATE : 09/29/2022

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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Subdivision J Sharp

MLS Listing ID 20110281

Sold Date 09/29/22

HOA Y/N None

Total Fin. Sqft 11826

Year Built 1984

Annual Tax Amount $13,406

Lot Size 4.240 Acres

Acres 4.24

Property Description

These apartments consist of 3 buildings that are 4 units each Building #1 consists of 1 bed, 2 bath, Building #2 consists of 2 bed, 2 bath, and Building #3 consists of 2 bed, 1.5 bath totaling 12 units on 4.24 acres. Currently all units are 100% occupied and they are very easy to lease. Tenants are responsible for electricity, internet, telephone, television, and any other public utilities. Landlord is responsible for water and garbage services. Sewer lines recently updated. There is an open field with potential for expansion. Multifamily investment opportunities dont come around very often in this area. Located about 45 miles from downtown Dallas.

Location

State TX

County Kaufman

Direction From Dallas: take US-175 E 42 miles, keep right to US-175 service road, turn right onto SH-274, turn right onto FM-148, apartments are on your left after the golf course.

Interior

Interior Features Cable TV Available

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Carpet, Laminate, Linoleum

Appliance Electric Range, Refrigerator

Heat Source Central, Electric

Exterior

Exterior Feature Covered Patio/Porch

Utilities Available MUD Water, Septic

Roof Type Composition

Total Parking Spaces 24

Garage No

Building

Lot Description Few Trees, Park View

Story Two

Foundation Slab

Structure Type Siding

Schools

School District Kemp Isd

Others

Ownership CBL ASSETS LLC

Financing Cash

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by William Moomaw • United Real Estate
Bought with Dale Smeal • RE/MAX Premier

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Meredith Johnson

Agent | License ID: 995690239

+1(318) 426-6120

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