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Rare Package of 10 Individual Units in Richardson ISD Perfect for Furnished Mid-Term Rentals

9833 Walnut St, Dallas
ROI
23.64% IRR
Strategy
Mid Term Rental
Rare package of 10 individual units in Richardson ISD perfect for furnished mid-term rentals. All units updated with new floors, paint, some capex. 8 units currently occupied with long-term tenants for $925/mo on average. Appliances all convey. (10) 1 bed, 1 bath condos from 423-662sf. Built in 1984. Currently has 8 units occupied with long-term tenants paying an average of $925/mo.

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Rare Package of 10 Individual Units in Richardson ISD Perfect for Furnished Mid-Term Rentals

Listed 08/08/2023

9833 Walnut St, Dallas

Purchase Price:$875,000

Cash Outlay:$380,000

Cashflow:$3,473/mo

Cap Rate:9.89%

IRR:23.64%

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