Description
Buy and Hold Investors welcome! This wonderful, leased, end-unit townhome is a perfect rental property for the investor looking for something easy to maintain. Built in 2016, the HOA maintains exterior of the structure provides blanket insurance and full use of facilities. 18-month lease in place thru October of 2023 and is currently being managed for a low monthly fee. See the attached financials summary from the seller; at current lease amount is approximately 4.3% Cap Rate not including debt service. Copy of lease and management agreements available upon request. This home has many desirable features, including upgraded kitchen and baths, elegant finishes, beautiful hardwood floors, plantation shutters, fireplace in living room and master bedroom, jetted tub, high ceilings, patio and balcony, and the interior was recently painted. Walking path to the community pool. Nestled in a gated community at perfect location near I-35E and 121 for easy commutes and quick access to DFW Airport.
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3BEDS
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0.06ACRES
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2BATHS
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11/2 BATHS
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2,000SQFT
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$233$/SQFT
Description
Buy and Hold Investors welcome! This wonderful, leased, end-unit townhome is a perfect rental property for the investor looking for something easy to maintain. Built in 2016, the HOA maintains exterior of the structure provides blanket insurance and full use of facilities. 18-month lease in place thru October of 2023 and is currently being managed for a low monthly fee. See the attached financials summary from the seller; at current lease amount is approximately 4.3% Cap Rate not including debt service. Copy of lease and management agreements available upon request. This home has many desirable features, including upgraded kitchen and baths, elegant finishes, beautiful hardwood floors, plantation shutters, fireplace in living room and master bedroom, jetted tub, high ceilings, patio and balcony, and the interior was recently painted. Walking path to the community pool. Nestled in a gated community at perfect location near I-35E and 121 for easy commutes and quick access to DFW Airport.
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