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Crossroad Terrace 300 State Highway 78 S Immeuble residentiel 36 lots À vendre Farmersville, TX 75442
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- $1.6MM+ in Operational Value Enhancement
- Same Owner for Over 35 Years
- $83,000+ Median Area Income in a 5-Mile Radius*
- Roofs & Stairwells Replaced Within the Last Year
- Located Just Off Highway-78 & US-380
- Collin County - One of the Fastest-Growing Counties in Texas, Adding Almost 100 New Residents Every Day
Résumé analytique
The Multifamily Group is pleased to present the exclusive offering of Crossroad Terrace, a
unique, value-add opportunity in Farmersville, Texas. Constructed in 1985, the property consists
of 36 units averaging 699 square feet. The property features one- and two-bedroom floor plans
and is currently 72% occupied, compared to a strong submarket occupancy of 91%. Crossroad
Terrace is being offered free and clear of any existing debt.
Value-Add:
- Renovate the interiors of all of the units.
- Repair seven units that need a heavy lift ($7,500/unit in estimated repairs).
- Implement RUBS for water.
- Add washer and dryer hookups to each unit.
See pages 9-10 for a full analysis.
Location:
Crossroad Terrace is located in the growing community of Farmersville, Texas, offering a
small-town atmosphere with convenient access to major employment hubs in Collin County
via SH-78. The property benefits from steady traffic flow and connectivity to nearby cities like
McKinney, Princeton, and Greenville. Residents are just minutes from local retailers such as
Brookshire’s and
unique, value-add opportunity in Farmersville, Texas. Constructed in 1985, the property consists
of 36 units averaging 699 square feet. The property features one- and two-bedroom floor plans
and is currently 72% occupied, compared to a strong submarket occupancy of 91%. Crossroad
Terrace is being offered free and clear of any existing debt.
Value-Add:
- Renovate the interiors of all of the units.
- Repair seven units that need a heavy lift ($7,500/unit in estimated repairs).
- Implement RUBS for water.
- Add washer and dryer hookups to each unit.
See pages 9-10 for a full analysis.
Location:
Crossroad Terrace is located in the growing community of Farmersville, Texas, offering a
small-town atmosphere with convenient access to major employment hubs in Collin County
via SH-78. The property benefits from steady traffic flow and connectivity to nearby cities like
McKinney, Princeton, and Greenville. Residents are just minutes from local retailers such as
Brookshire’s and
Informations sur l’immeuble
1 1
Plutôt praticable à pied
30/100
Exceptionnellement adapté aux voitures
100/100
Impraticable en vélo
10/100
1 sur 10
Vidéos
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Crossroad Terrace | 300 State Highway 78 S
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