1025 S Rosemont Avenue

    Dallas, TX 75208
    • $595,000
    • STATUS: Active
    • ON SITE: 82 days
    • MLS #: 14034318
    Price Reduced
    $595,000
    • 0
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1930
    County:

    School Ratings & Info

    Offered by Keith Auten of Auten Realty Llc.

    Description

    Calling All Investors! Oak Cliff NNN free-standing commercial shopping center with four rental units offered at a 6.35% Cap rate and 15.44% IRR. The asset cash flows day one. Plus, there is a value-add component to increase the return on investment. There is room on the parcel for additional development. All utilities are individually metered and are paid by the tenants. Property taxes, insurance and interior maintenance are also paid for by the tenants. Three of the tenants have seasoning of nine or more years.

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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 2019-05-23T23:41:49.43.
    www.rmxtc.com/homes/92295681

    1025 S Rosemont Avenue Dallas, TX 75208

    • Price: $595,000
    • Status: Active
    • MLS #: 14034318
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    1930
    Built
    Neighborhood:
    Terrace Home
    County:
    Dallas
    Area:
    Dallas North Oak Cliff
    Property Description
    Calling All Investors! Oak Cliff NNN free-standing commercial shopping center with four rental units offered at a 6.35% Cap rate and 15.44% IRR. The asset cash flows day one. Plus, there is a value-add component to increase the return on investment. There is room on the parcel for additional development. All utilities are individually metered and are paid by the tenants. Property taxes, insurance and interior maintenance are also paid for by the tenants. Three of the tenants have seasoning of nine or more years.
    Exterior Features

    Construction Materials Walls Brick Foundation Slab Parking Or Garage Open Roof CompositionTar/Gravel

    Interior Features

    Ceiling Height 8 To10 Feet Commercial Features Multi-User Flooring Other Heating Central Air-ElecCentral Heat-ElecWindow Unit Sq Ft Building 2730 Sq Ft Gross 2730 Sq Ft Leasable 2730

    Property Features

    Building Area Source Tax Building Use Retail Commercial Zoning Ns(A) Construction Status Preowned Gross Annual Expenses 7479 Gross Annual Income 44784 Inclusions Land & Improvements Leasable Spaces 4 Leased Spaces 4 Lot Size Source Tax Multi Zoning No Municipal Utility District No Net Annual Income 37305 Occupancy Rate 100 Possession Closing/Funding Property Type Com-Sale Proposed Financing CashConventional Tenant Pays ElectricGasSewerWater Unexempt Taxes 3811 Utilities City SewerCity WaterIndividual Gas MeterIndividual Water Meter Will Subdivide No

    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 2019-05-23T23:41:49.43.
     
    RE/MAX Town & Country
    301 S Watters Road
    Allen TX, 75013
    Offered by Keith Auten of Auten Realty Llc.