1003 Westlake Drive

    Desoto, TX 75115
    • $725,000
    • STATUS: Active
    • ON SITE: 159 days
    • MLS #: 14108541
    UPDATED: 12 min ago
    $725,000
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1977
    County:
    Area:

    School Ratings & Info

    Offered by Chris Williams of Texas Urban Living Realty.

    Description

    Great Investment Opportunity! This is a Licensed, Turn-Key, Residential Assisted Living. Licensed Type-B for 8 Residents. Real Property and Business combined total $964,000. Property valued at $230K which includes Fire Sprinkler System. Business Valuation $734K which includes all FF&E and Staff. Nets over 40% Profit Margin. Been operating for over 12 years and Seller ready to move on to other ventures. Signed Non-Disclosure Agreement needed to receive financials. Must contact agent for showings. Federal HIPAA guidelines strictly enforced and legal action will be taken for unscheduled and unapproved visits.

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    © 2019 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Town & Country. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than RE/MAX Town & Country are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-11-13T22:40:33.637.
    www.rmxtc.com/homes/95585044

    1003 Westlake Drive Desoto, TX 75115

    • Price: $725,000
    • Status: Active
    • Updated: 12 min ago
    • MLS #: 14108541
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    1977
    Built
    Neighborhood:
    Pleasant Lakes Estates
    County:
    Dallas
    Area:
    Desoto
    Property Description
    Great Investment Opportunity! This is a Licensed, Turn-Key, Residential Assisted Living. Licensed Type-B for 8 Residents. Real Property and Business combined total $964,000. Property valued at $230K which includes Fire Sprinkler System. Business Valuation $734K which includes all FF&E and Staff. Nets over 40% Profit Margin. Been operating for over 12 years and Seller ready to move on to other ventures. Signed Non-Disclosure Agreement needed to receive financials. Must contact agent for showings. Federal HIPAA guidelines strictly enforced and legal action will be taken for unscheduled and unapproved visits.
    Exterior Features

    Construction Brick Construction Materials Walls Brick Foundation Slab Parking Or Garage On StreetSide Roof Composition

    Interior Features

    Ceiling Height 8 To10 Feet Commercial Features Fire AlarmFire SprinklersSecurity System Flooring CarpetCeramic Tile Heating Central Air-ElecCentral Heat-Gas Sq Ft Building 2570 Sq Ft Gross 2570 Sq Ft Leasable 2570

    Property Features

    Alarm Or Security Type Other Building Area Source Appraiser Building Use Medical Commercial Zoning Com Construction Status Preowned Gross Annual Expenses 98967 Gross Annual Income 319900 Inclusions BusinessFurnitureInventoryOther Lot Size Source Appraiser Multi Zoning No Municipal Utility District No Net Annual Income 220933 Possession Closing/Funding Property Type Com-Sale Proposed Financing CashConventionalOtherOwner Carry First Tenant Pays Other Total Annual Expenses Include ElectricGasLawn CarePayrollSupplies Unexempt Taxes 4759 Utilities City SewerCity Water Will Subdivide Subdivided

    Listing information © 2019 North Texas Real Estate Information System.


    © 2019 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Town & Country. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than RE/MAX Town & Country are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-11-13T22:40:33.637.
     
    RE/MAX Town & Country
    301 S Watters Road
    Allen TX, 75013
    Offered by Chris Williams of Texas Urban Living Realty.