Mabank, TX 75147,101 Pharm Hills #101-#1504
$15,500,000
Est.Price: ?

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72,390 SqFt

101 Pharm Hills #101-#1504 Mabank, TX 75147

Est. payment /mo
SOLD DATE : 02/25/2022

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 72,390 sqft

Price per Sqft $214

Subdivision Na

MLS Listing ID 14734708

Sold Date 02/25/22

HOA Y/N None

Total Fin. Sqft 72390

Year Built 2019

Property Description

Great Investment Opportunity! Fully occupied quadplex community built in 2019. About 1 hour from Dallas in Mabank, TX. Parcel going through replat to individually plat each building onto its own parcel. Deal will close once replat is finished, expected January 2022. 60 units totaling 72,930 SF, 54 - 2 bed,2 bath units & 6 - 3 bed,2 bath units. Currently generating 62,925 month in rent. Current rents are below current market value for the area. Great potential for increased rent with updating. POF & EXECUTED CONTRACT NEEDED BEFORE SHOWING PROPERTIES. DO NOT DISTURB THE CURRENT TENANTS. Disclaimer: All information provided is deemed reliable, but is not guaranteed and should be independently verified.

Location

State TX

County Henderson

Direction Hwy 175 to 198. Going South on 198-S 3rd Street to Andrew Drive and turn right. Go left on Barnes Dr and the property is on the right-hand side.

Interior

Interior Features Cable TV Available

Heating Central, Natural Gas

Cooling Central Air, Electric

Appliance Disposal

Heat Source Central, Natural Gas

Exterior

Utilities Available City Sewer, City Water

Roof Type Composition

Garage No

Building

Story One

Foundation Slab

Structure Type Other

Schools

Elementary Schools Mabank

Middle Schools Mabank

High Schools Mabank

School District Mabank Isd

Others

Ownership Ameritex Homes LLC

Financing Other

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Ben Caballero • HomesUSA.com
Bought with Non-Mls Member • NON MLS

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Meredith Johnson

Agent | License ID: 995690239

+1(318) 426-6120

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