Andy Flack
HomeLand Properties, Inc.
Rare opportunity to acquire a 10-unit multifamily asset in rapidly growing Greenville, TX. The property is 100% occupied offering immediate cash flow and clear upside through rent growth and ancillary income. Unit mix includes 8 one-bedroom units, 1 two-bedroom unit, and 1 three-bedroom unit, consisting of an 8-unit main building and a 2-unit carriage house. Interior units remodeled in 2021 and new owner has put in over $80,000 in additional property improvements. Property is professionally managed and can stay in place. Located across from a well-maintained public park, enhancing tenant demand and long-term desirability. No showings prior to contract. Do not disturb tenants.
Directions: Property is on Sockwell across from park. GPS available
Andy Flack
HomeLand Properties, Inc.
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Listed By: Greg Parks of Milestone Premier Properties