807 Lake Bardwell, Ennis
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MLS #:
11703156
Type:
Commercial
Class:
Sale
Price:
$500,000
Street
807 Lake Bardwell
City
Ennis
County
Ellis
Zip
75119-6531
Subdivision:
Lake Bardwell Drive
Area:
6
Square Ft:
39,988
Lot Size:
0.918
Year Built:
1988
Stories:
1
For additional information contact:
Nu Home Source Realty
Toll Free: (866) 761-5217
Local: (817) 509-1400
Description
This building has current actual rents of $68,422. Operating Expense is $17,830 for an NOI of $50,592. At $500,000 purchase price, with a cap rate of 10.12%. This is a great investment with a lot of upside. The roof is all metal and in good condition. All the exterior, and over half of the inside, has been totally renovated with new walls, floor and ceiling.
Directions
From Dallas: I-45 S Houston. EXIT 251A FM 1181 Creechville Rd. Straight onto S I-45. R onto ramp. L on Creechville Lake Bardwell. Property on left.Additional Information
Interior Features
Floors
Carpet, Ceramic Tile, Concrete, Laminate, Vinyl
Heating/Cooling Systems
Central Air-Elec, Central Heat- Elec, Central Heat-Gas
Garage Description
Common Lot
Exterior Features
Construction
Metal
Foundation
Slab
Roof
Metal
Listing Provided By:
Carl Sellers, Achieve Real Estate Services, LLC.
*Actual rebate amount is based on the final sale price of property and the commission received by Nu Home Source Realty LLC. Some Conditions apply
Data Last Updated: 2012-05-21 02:00:26
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