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Apartments on Caddo Lake 505 Bub Hayner Rd 12 Unit Apartment Building $1,760,077 CAD ($146,673 CAD/Unit) 9.77% Cap Rate Karnack, TX 75661
Investment Highlights
- Adjacent to Caddo Lake
- Newly Remodeled
- High Occupancy
Executive Summary
PRICE REDUCED. T12 available.
Caddo Lakefront Apartments Complex, Private Boat Ramp, RV sites and 2 HOMES!!
Looking for hands off investor, owner user with income or a stong cash flow play?
9 Unit Apartment Style Townhomes and a home, all Located on Caddo Lake! NO HOA!
2 homes, 4 RV pads and fishing pier and priavte boat ramp. Room to add more units. No restrictions and situated on 7.7+/- acres
Newly Renovated and offering seller financing for qualified buyers!
30%+ down and first and only liens. No creative financing. 3 year Balloon.
Information enclosed deemed reliable but not guaranteed by listing broker. Buyer is responsible for his or her own due diligence. Listing broker cannot warrant the complete accuracy thereof subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.Turn Key property group and its affiliates do not assume any legal liability for the accuracy of the enclosed information regarding subject listing. DO NOT DISTURB, SHOWINGS by appointment only. This is a fully occupied property.
Travis Turner, Broker
254-855-6430
Caddo Lakefront Apartments Complex, Private Boat Ramp, RV sites and 2 HOMES!!
Looking for hands off investor, owner user with income or a stong cash flow play?
9 Unit Apartment Style Townhomes and a home, all Located on Caddo Lake! NO HOA!
2 homes, 4 RV pads and fishing pier and priavte boat ramp. Room to add more units. No restrictions and situated on 7.7+/- acres
Newly Renovated and offering seller financing for qualified buyers!
30%+ down and first and only liens. No creative financing. 3 year Balloon.
Information enclosed deemed reliable but not guaranteed by listing broker. Buyer is responsible for his or her own due diligence. Listing broker cannot warrant the complete accuracy thereof subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.Turn Key property group and its affiliates do not assume any legal liability for the accuracy of the enclosed information regarding subject listing. DO NOT DISTURB, SHOWINGS by appointment only. This is a fully occupied property.
Travis Turner, Broker
254-855-6430
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Ceiling Fans
- Oven
- Handrails
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Dock
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 9 | - | - |
1 1
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | R000066631 | Improvements Assessment | $159,924 CAD |
| Land Assessment | $15,344 CAD | Total Assessment | $175,268 CAD |
Property Taxes
Parcel Number
R000066631
Land Assessment
$15,344 CAD
Improvements Assessment
$159,924 CAD
Total Assessment
$175,268 CAD
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Apartments on Caddo Lake | 505 Bub Hayner Rd
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