DFW Quadplex Hitting The 1% Rule $520k
2104&201 Lucas Joyce St, Weatherford
ROI
18.71% IRR
Strategy
Long Term Rental
(2) buildings and (4) units total. 100% occupancy. The recently vacant unit leased up for $1300 quickly after hitting the market. At $1300 per unit this is a true 1% rule deal. There's a great mix of asset quality, location quality, cashflow, and market growth here for any investor. Current rents are $1300, $1150, $1150, $1150. Tenants pay utilities. Taxes $9500. NOTE: there is an additional quadplex next door that can be packaged for 8 units total.
