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1510 Nunneley Place

Wichita Falls, TX 76306
  • $6,528,000
  • STATUS: Active
  • MLS #: 20210621
UPDATED: 79 min ago
$6,528,000
  • 0
    BEDS
  • 7.52
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1961
County:

School Information

Elementary School:
High School:
School District:
Offered by Keith Auten of Auten Realty Llc: 214-343-9754.

Description

Calling all Value-add Investors! The complex offers a strong value-add opportunity with the renovation of the remaining 24 classic units on the southside of the property, and minor updates to 48 previously renovated units. Offered at $68,000 per door. All units 2 bed - 1.5 bath units. Most of the heavy lifting complete. All units now individually metered for electricity. All units now have individual HVAC systems. There is an additional undeveloped parcel (approximately 88,427 sq ft) included in the offering. Across the street from largest employer in town. Call for more information today!

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© 2022 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hargrove Realty Group | Keller Williams. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Hargrove Realty Group | Keller Williams are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-12-08T12:43:53.883.
www.hargroverealtygroup.com/homes/134919830
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1510 Nunneley Place Wichita Falls, TX 76306

  • Price: $6,528,000
  • Status: Active
  • On Site: Days
  • Updated: 79 min ago
  • MLS #: 20210621
0
Beds
0
Baths
0
½ Baths
7.52
Acres
1961
Built
Neighborhood:
T. C
County:
Wichita
Area:
Wichita Falls
Elementary School:
Haynes
High School:
Hirschi
School District:
Wichita Falls Isd
Property Description
Calling all Value-add Investors! The complex offers a strong value-add opportunity with the renovation of the remaining 24 classic units on the southside of the property, and minor updates to 48 previously renovated units. Offered at $68,000 per door. All units 2 bed - 1.5 bath units. Most of the heavy lifting complete. All units now individually metered for electricity. All units now have individual HVAC systems. There is an additional undeveloped parcel (approximately 88,427 sq ft) included in the offering. Across the street from largest employer in town. Call for more information today!
Exterior Features

Construction BrickWood Construction Materials Walls 154 Exterior Features Outdoor KitchenPlayground Fencing None Foundation Slab Lot Description Acreage Lot Size Source Public Records Parking Or Garage Unassigned Pool On Property No Roof Composition Waterfront YN No

Interior Features

Appliances DishwasherElectric RangeRefrigerator Basement No Cooling Central AirElectric Flooring CarpetCeramic TileLaminate Garage No Handicap YN No Heating CentralElectric Interior Features Cable Tv AvailableHigh Speed Internet Available Kitchen Equipment 214-343-9754

Property Features

Accessory Unit YN No Alarm Or Security Type Smoke Detector(S) Barns1 Window Coverings Building Area Source Public Records Building Area Total 71688.00 Complex Name Lincoln Heights Apts Construction Status Preowned Gross Annual Expenses 425767.00 Gross Annual Income 660154.00 HOA None Horse Permitted No Insurance Expense 31530 List MLSProvider Metrotex Association Of Realtors Listing Terms CashNot Assumable Municipal Utility District No Net Operation Income 234386 Possession Closing/Funding Property Type Apartment Senior Community No Tenancy Over 9 Months Unexempt Taxes 62735 Utilities City SewerCity WaterElectricity ConnectedMaster Gas MeterMaster Water Meter Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2022 North Texas Real Estate Information System.


© 2022 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hargrove Realty Group | Keller Williams. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Hargrove Realty Group | Keller Williams are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-12-08T12:43:53.883.
 
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Hargrove Realty Group | Keller Williams
12041 Venice Ct
Frisco TX, 75035
Offered by Keith Auten of Auten Realty Llc: 214-343-9754.