$1,980,000
For Sale

101 E Riverside Drive

Stephenville, TX 76401
18 beds | 14.5 baths | 1.04 acres | #20777071
Type:Multi-Family
Structure:Unit
Zone:Residential

Description

GREAT INVESTMENT PROPERTY! Here is a fully occupied 11-unit apartment complex with 7 units that are 2 bedrooms, 1.5 baths and 4 units that are 1 bedrooms, 1 bath giving you a total of 11 units. With Tarleton State University growing and now a D1 school this would be a great rental property for an investor, a property management company, or buyers looking for a high-performance investment. This complex was built in 2015, and it has central heat and air, electric appliances, and is well maintained ensuring high demand and low vacancy rates. There are 18 parking spaces however some of the spaces are extremely long for even more parking space. This upscale townhome complex is within walking distance to the Stephenville city park and downtown Stephenville making the location even more desirable. Call for your appointment today! Need a 24 hour notice to show.

  • Property Details
      • InteriorBuilt-in Features, Cable TV Available, Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Pantry
      • Utility FeaturesCable Available, City Sewer, City Water, Electricity Connected, Individual Water Meter
      • School DistrictStephenville ISD
      • Exterior MaterialsPrivate Yard
      • Property TypeMulti-Family
      • Property SubtypeApartment
      • SubdivisionCity Add
      • MLS #20777071
      • MLS #20777071
      • Lot DescriptionCleared
      • Elementary SchoolCentral
      • Cost1980000
      • Acres1.0410
      • CountyErath
      • Bathrooms14.5
      • Year Built2015
      • FoundationSlab
      • Bedrooms18
      • Full Baths11
      • Half Baths7

Location

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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