101-114 Nail Ct | Decatur, TX 76234
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- LoopNet Team
101-114 Nail Ct
Decatur, TX 76234
Country View Duplex Community · Multifamily Property For Sale
·
38 Units
INVESTMENT HIGHLIGHTS
- Average Rents of $1,664/Month; Tenants Pay for All Utilities; May Collections Greater Than $65,000
- Qualifies for Agency Financing at ~70% LTV
- 80% Are 3 Bedroom Duplexes
- Stable Property and Going-In Cap Rate Just Under 7%
- 38 Units Built in 2021 Plus 7 Acres of Land for Future Development
- 100% Current Occupancy
PROPERTY FACTS
| No. Units | 38 | Building Size | 12,192 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 2021 |
| Building Class | C | Parking Ratio | 1.94/1,000 SF |
| Lot Size | 2.71 AC |
| No. Units | 38 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.71 AC |
| Building Size | 12,192 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2021 |
| Parking Ratio | 1.94/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Double Vanities
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Recycling
- Trash Pickup - Curbside
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | 400 |
| 2+1 | 7 | - | 763 - 1,028 |
| 3+2 | 30 | - | 1,056 - 1,257 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $590,098 | |
| Land Assessment | $104,061 | Total Assessment | $694,159 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$104,061
Improvements Assessment
$590,098
Total Assessment
$694,159
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