114 Ash Street new Save Request In-Person Tour Request Virtual Tour
Paradise,TX 76073
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 9,999 sqft
Price per Sqft $200
Subdivision Original Town Paradise
MLS Listing ID 21071514
Bedrooms 20
Full Baths 17
Half Baths 2
HOA Y/N None
Total Fin. Sqft 9999
Year Built 2020
Annual Tax Amount $13,177
Lot Size 1.580 Acres
Acres 1.58
Property Sub-Type Apartment
Property Description
ENTIRE RENTAL PROPERTY PORTFOLIO OF MOSTLY NEW & UPDATED PROPERTIES WITH NEAR FULL OCCUPANCY OFFERED FOR SALE on Ash Street in Paradise, Texas. (1) 2-2-2CP Duplex, (2)3-2+2 Townhomes with elegant finishes & privacy fenced backyards and 2 car garages. One of these townhome units also features extra half baths in each unit., a 1-1 SFR and a 3-2 SFR currently under full renovation. This home has been taken down to the studs with much new (see Transaction Desk for list) and is currently ready for drywall! Paradise is one of Wise County's fastest growing towns and has widely sought after A-Rated schools. This portfolio has a fabulous cash flow and an alluring cap rate. Built and owned by a custom home builder, there are many tasteful details throughout - Granite countertops, hardwood and tile finishes, large walk-in closets, elegant lighting, fixtures and more. You must truly see to appreciate this great package. This portfolio MUST be sold together. Contact list agent for more details. Option exists for additional SFR and 1.959ac plus or minus directly across the street. Plans already exist for multiple quadplexes in this location or a new owner can build to suit. Seller is a builder and developer and willing to bid or build anything a new owner's heart desires. It's hard to get a good return on your investment in today's economy. If you've wanted to get into rental real estate, this is a wonderful opportunity with LOADS of potential for growth in all the right directions! Full financials and all info can be fully furnished upon request.
Location
State TX
County Wise
Direction GPS Friendly. From Highway 114 in Paradise, turn North on 3259 and then left on Ash Street. Properties line the right side of the street, beginning after the first home.
Interior
Interior Features Decorative Lighting,Eat-in Kitchen,Granite Counters,High Speed Internet Available,Kitchen Island,Open Floorplan,Pantry,Walk-In Closet(s)
Heating Central,Electric
Cooling Ceiling Fan(s),Central Air,Electric
Flooring Carpet,Ceramic Tile,Luxury Vinyl Plank,Painted/Stained,Varies
Appliance Dishwasher,Disposal,Electric Range,Electric Water Heater,Microwave,Refrigerator,Tankless Water Heater
Heat Source Central,Electric
Exterior
Exterior Feature Covered Patio/Porch,Rain Gutters,Other
Garage Spaces 8.0
Carport Spaces 4
Fence Back Yard,Cross Fenced,Fenced,Privacy,Wood
Utilities Available Aerobic Septic,All Weather Road,Asphalt,City Water,Electricity Available,Electricity Connected,See Remarks,Other
Roof Type Composition
Total Parking Spaces 12
Garage Yes
Building
Lot Description Acreage,Adjacent to Greenbelt,Agricultural,Cleared,Interior Lot,Landscaped,Level,Lrg. Backyard Grass,Other
Story One
Foundation Pillar/Post/Pier,Slab
Level or Stories One
Structure Type Board & Batten Siding,Fiber Cement
Schools
Elementary Schools Paradise
Middle Schools Paradise
High Schools Paradise
School District Paradise Isd
Others
Ownership A&O Investments, LLC
Acceptable Financing 1031 Exchange,Cash,Contact Agent,Conventional
Listing Terms 1031 Exchange,Cash,Contact Agent,Conventional
Special Listing Condition Aerial Photo,Build to Suit,Survey Available
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21071514