1032 Greg Street

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1032 Greg Street

Azle, TX 76020
Asking Price
$1.20M
Asset Type
Apartment Building Retail
Class
Class B

What's Special

1020 Greg Street, Azle, TX 76020 <ul><li>​Five income-producing units on a full acre</li><li>​Portfolio includes three single-family homes and one duplex</li><li>​Four of five units have been thoughtfully updated - largely turnkey investment</li><li>​Value-add potential on the remaining unit</li><li>​Private well with individual meters for each unit</li><li>​Recently reworked septic system with updated equipment</li><li>​Each unit features garage parking</li><li>​100% occupancy with lease expiration 09/01/2027</li><li>​Gross In

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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.45%
Monthly Payment
$5,931.998
Annual Cash Flow
$8,816.026

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