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1009 Griffith Road

Abilene, TX 79601
  • $1,999,999
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 20576997
$1,999,999
  • 36
    BEDS
  • 1.6
    ACRES
  • 24
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
2003
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Darby Grimes of Sendero Properties, LLC: 325-267-3100.

Description

Introducing an exceptional investment opportunity: a meticulously crafted 12-unit rental complex nestled in a prime location close to Abilene Christian University, Hardin Simmons University, and Hendrick Hospital. Each unit boasts a spacious layout featuring three bedrooms and two bathrooms, providing ample space and comfort for residents. This property is designed to appeal to both students and professionals seeking convenient access to nearby educational institutions and healthcare facilities. Whether it's for students attending universities or medical professionals working at Hendrick Hospital, this complex offers an ideal living solution. The strategic location ensures high demand and consistent occupancy rates, making it an attractive proposition for investors seeking stable returns. Don't miss out on this opportunity to capitalize on the thriving rental market in this desirable area. Currently 100 percent occupied.

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© 2024 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 Cottage & Co Realty. 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 Cottage & Co Realty 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 2024-04-03T23:43:32.373.
www.cottagecorealty.com/homes/149127794
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1009 Griffith Road Abilene, TX 79601

  • Price: $1,999,999
  • Status: Active
  • On Site: 16 Days
  • MLS #: 20576997
36
Beds
24
Baths
0
½ Baths
1.6
Acres
2003
Built
Neighborhood:
The Villas Of University Hills
County:
Taylor
Area:
Abilene
Elementary School:
Taylor
High School:
Abilene
School District:
Abilene ISD
Property Description
Introducing an exceptional investment opportunity: a meticulously crafted 12-unit rental complex nestled in a prime location close to Abilene Christian University, Hardin Simmons University, and Hendrick Hospital. Each unit boasts a spacious layout featuring three bedrooms and two bathrooms, providing ample space and comfort for residents. This property is designed to appeal to both students and professionals seeking convenient access to nearby educational institutions and healthcare facilities. Whether it's for students attending universities or medical professionals working at Hendrick Hospital, this complex offers an ideal living solution. The strategic location ensures high demand and consistent occupancy rates, making it an attractive proposition for investors seeking stable returns. Don't miss out on this opportunity to capitalize on the thriving rental market in this desirable area. Currently 100 percent occupied.
Exterior Features

Carport Spaces 0 Construction BrickSiding Covered Spaces 0 Foundation Slab Parking Or Garage Common Parking Spaces 24 Pool On Property No Roof Composition

Interior Features

Appliances DishwasherElectric RangeMicrowave Attached Garage No Cooling Central Air Fireplaces 0 Flooring CarpetCeramic Tile Garage No Handicap YN No Heating Central Interior Features High Speed Internet Available

Property Features

Accessory Unit YN No Building Area Source Assessor Building Area Total 17316.00 Complex Name Griffith Construction Status Preowned Gross Annual Expenses 57810.00 Gross Annual Income 201600.00 HOA None Insurance Expense 14004 Levels Two List MLSProvider Abilene Association Of Realtors Municipal Utility District Yes Net Operation Income 129786 Operating Expense Includes GardenerMaintenanceMaintenance GroundsManagerProfessional ManagementWater/Sewer Possession Closing/Funding Property Type Multiple Single Units Unexempt Taxes 36205 Utilities City SewerCommunity Mailbox Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2024 North Texas Real Estate Information System.


© 2024 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 Cottage & Co Realty. 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 Cottage & Co Realty 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 2024-04-03T23:43:32.373.
 
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Cottage & Co Realty
4964 Burger Rd
Aubrey TX, 76227
Offered by Darby Grimes of Sendero Properties, LLC: 325-267-3100.