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26 Unit Cash Cow North of Dallas $1,395,000

4931 Texoma Pkwy, Denison
ROI
28.32% IRR
Strategy
Long Term Rental
All units are occupied, and the rent is $21,345 per month. Rent roll available upon request. All utilities are paid by the owner. There are also 7 storage units and 2 commercial warehouse buildings onsite for additional income. There’s an onsite property manager with a waitlist of tenant applicants. There are several levers for a value-add investor to pull here. Taxes $9541.

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26 Unit Cash Cow North of Dallas $1,395,000

Listed 10/02/2024

4931 Texoma Pkwy, Denison

Purchase Price:$1,395,000

Cash Outlay:$376,650

Cashflow:$4,284/mo

Cap Rate:9.67%

IRR:28.32%

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