9302 Forest Lane
Dallas, TX 75243 ·
79 Units · Multifamily For Sale
Woodside Lane Condos 79 Units
|Price||N/A||Property Use Type||Investment|
|No. Units||79||Commission Split||3%|
|Building Size||50,950 SF||Cap Rate||10%|
|Property Sub-type||Mid/High-Rise||Lot Size||1 SF|
|Listing ID: 16292234||Date Created: 06/24/2009||Last Updated: 04/06/2011|
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
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