mul Homes with Preowned Construction status

mul Homes with Preowned Construction status

Welcome to a hidden gem in the heart of the United States, where the charm of pre-owned multi-family homes (mul) meets the vibrancy of community living. This area offers a unique opportunity for both investors and homebuyers alike, providing the perfect blend of comfort and potential.

Multi-family homes are an excellent choice for those looking to maximize their investment while enjoying the benefits of residential living. With pre-owned construction status, these properties boast character and history, often featuring architectural elements that newer builds simply can't replicate. Imagine stepping into a home where each unit tells a story, complete with unique designs and established landscaping that has matured beautifully over the years.

The region is known for its welcoming neighborhoods, rich cultural heritage, and proximity to essential amenities. Residents can enjoy easy access to local parks, schools, shopping centers, and public transportation, making it an ideal location for families, young professionals, and retirees alike. The community is vibrant, with plenty of opportunities for social engagement, from farmer's markets to seasonal festivals.

Investing in a pre-owned multi-family home here not only provides a place to live but also an opportunity to generate rental income. With a steady demand for housing in this thriving area, you can rest assured that your investment will yield long-term benefits.

Whether you're looking to find your forever home or seeking a lucrative investment, these pre-owned multi-family properties offer the perfect balance of charm, community, and opportunity. Come and discover the potential waiting for you in this delightful region!

Newest mul Homes with Preowned Construction status

$3,600,000
37 Beds 37 Baths 21356792 MLS
Rare investment opportunity to acquire a 22-unit portfolio in a lakefront community on Lake Ray Hubbard, offering substantial ownership within the HOA. The portfolio consists of 15 two-bedroom units and 7 one-bedroom units, with 20 units currently leased on 12-month terms, one unit leased month-to-month, and just one vacancy. Current monthly rental income totals approximately $30,170.75, providing strong in-place cash flow with additional upside through filling the vacant unit and future rent increases across several leases. The portfolio has also benefited from significant recent capital improvements. Most water heaters are approximately 1–2 years old, 7 units have HVAC systems approximately 1–2 years old, and roughly 80% of the units have received waterproof flooring within the past two years. Many units also feature recently replaced refrigerators. The HOA permits short-term rentals, providing investors with additional flexibility and the potential to generate premium rental income through alternative leasing strategies. Community amenities include gated parking and waterfront access to Lake Ray Hubbard, while the location offers convenient highway access and close proximity to Rockwall Harbor, shopping, dining, and other major retail destinations. School choice is another notable benefit of the location, with access to several highly rated schools and educational programs. With strong existing occupancy, long term tenants, immediate cash flow, recent improvements, rental upside, and flexible leasing options, this portfolio presents a rare opportunity to acquire significant scale within a single lakefront community.

4448 Chaha Rd, Garland, TX

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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