Historical Multifamily Sale Listing - Woodside Lane Condos 79 Units

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Woodside Lane Condos 79 Units

9302 Forest Lane, Dallas, TX 75243

N/A

79 Units | Multifamily

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Woodside Lane Condo's pool.

Multifamily Property - Off Market

Price:
N/A
No. Units:
79
Building Size:
50,950 SF
Property Type:
Multifamily
Property Sub-type:
Mid/High-Rise
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
10%
Occupancy:
98%
Lot Size:
1 SF
Listing ID
16292234
Last Updated
over 1 year ago

Description

This is wonderfully well maintained gated complex with lots of charm. Close to bus lines, major roads and across the street from a Walmart superstore!
This price is for 79 units of 114 units. There is also a $45,000 a year management contract, and. The seller will also include his places on the HOA Board which carries a majority vote and a Quorum every time the Board meets. With this you can amend the bylaws at anytime.
Seller will consider finacing 30% with full price offer.
The seller is willing to retain the management of the HOA if needed.
There are three employees in place, all under contract labor (1 office manager, 2 fulltime maintenance men that take care of the yard , pool, trash etc. )
All maintenance tools and equipment to remain with the property (Lawn care equipment, carpet installment equipment/cleaning, AC repair, paint sprayers etc.)
All appliances remain (stoves, refrigerators, dishwashers, washer and dryer stack units)

North Dallas just south of LBJ Freeway

Map of 9302 Forest Lane, Dallas, TX 75243 (Dallas County)

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