$2,000,000/mo

114 Ash Street, Paradise, TX 76073

  • 20 beds |
  • 19 baths |
  • 9,999 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 2020
  • Property Lot Size Icon1.58acre lot
  • Property Parking Icon 8 car garage
  • Property Price Per Square Feet Icon $200/sqft
  • Property List Date Icon Listed 29 days ago

Property Description

ENTIRE RENTAL PROPERTY PORTFOLIO OF MOSTLY NEW & UPDATED PROPERTIES WITH NEAR FULL OCCUPANCY OFFERED FOR SALE on Ash Street in Paradise, Texas. 5 separate structures consisting of: (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 then 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 at 102 N. Mesquite St. (MLS#21072318). 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. Drive link with many additional photos of all units available upon request.

Listing Status:
Active
Listing Office:
Buy Wise Real Estate : 940-399-3900
Listing Agent:
Shari Guess :
MLS ID:
21071514
  • General: Decorative/Designer Lighting FixturesEat-in KitchenGranite CountersHigh Speed InternetKitchen IslandOpen FloorplanPantryWalk-In Closet(s)
  • Appliances: DishwasherElectric RangeElectric Water HeaterDisposalMicrowaveRefrigeratorTankless Water Heater
  • Flooring: CarpetCeramic TileLuxury Vinyl PlankPainted/Stained
  • A/C: Central AirCeiling Fan(s)Electric
  • Heating: CentralElectric
  • Fireplace: Fireplaces: 0
  • General: OtherRain Gutters
  • Pool: None
  • Parking: Attached CarportAssignedAsphaltCoveredCarportDrivewayGarage Faces FrontKitchen LevelParking spaces: 16
  • Roofing: Composition
  • Windows: Bay Window(s)Window Coverings
  • General: Board & Batten SidingFiber Cement1Pillar/Post/PierSlab
  • Road/Access: All Weather Road
  • Originating MLS: NTR
  • School District: Paradise ISD
  • County: Wise
  • Zoning: LT: 1-10 BLK: 29 ORIGINAL TOWN PARADISE 0.551770803
  • Fencing: Back YardCross FencedFencedPrivacyWood
  • Utilities: Electricity AvailableElectricity ConnectedOtherSeptic AvailableSee RemarksWater Available
  • Water: Public
  • Sewer: Aerobic Septic
  • Source: NTR

This listing courtesy of Shari Guess, Buy Wise Real Estate

Location

Schools Nearby

P

Paradise Intermediate School

338 School House Rd, Paradise, TX, 76073

Grades 4-5

0.85 miles away

P

Paradise Middle School

338 School House Rd, Paradise, TX, 76073

Grades 6-8

0.76 miles away

P

Paradise High School

338 School House Rd, Paradise, TX, 76073

Grades 9-12

0.77 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.