$2,700,000
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1702 Mineral Wells Highway Weatherford, TX 76088
2.2 Acres Lot
Key Details
Property Type Single Family Home
Sub Type Multiple Single Units
Listing Status Sold
Purchase Type For Sale
Subdivision Aj Ball Survey
MLS Listing ID 20344442
Sold Date 12/01/23
HOA Y/N None
Total Fin. Sqft 14160
Year Built 1982
Annual Tax Amount $15,026
Lot Size 2.196 Acres
Acres 2.196
Property Description
Dramatic Price Reduction - Priced to Sell Updated P&L, ProForma, and Rent Roll. In today's Parker County market, rarely does a stabilized multi-family holding become available. Excellent Opportunity! This small 5-building, two story complex is a well suited addition to any investor's portfolio or 1031 exchange buyer. Outside of the city limits. 100% occupancy, low maintenance and almost no deferred maintenance. Westridge Apartments provides residents with a comfortable and convenient living experience. With its well-designed units, desirable amenities, and favorable location, it presents a desirable option for individuals or families seeking a pleasant residential community in Weatherford, Texas. Adjacent to the Dollar General and a stone's throw from Brookshires Grocery, convenience is just a short walk away. Each unit is individually metered for electricity. Water and sewer are common and included with rent. Great upside potential as rental rates are currently below market.
Location
State TX
County Parker
Direction From Weatherford town square, travel West on Mineral Wells Hwy (Hwy 180) for about 1.5 miles. Property will be on the right Westridge Apartments. Property is less than a mile east of Rick Williams Loop West and Parker County Rodeo Grounds on Mineral Wells Hwy.
Interior
Interior Features Cable TV Available
Heating Electric
Cooling Electric
Flooring Carpet, Laminate, Linoleum, Simulated Wood
Appliance Dishwasher, Electric Range, Refrigerator
Heat Source Electric
Exterior
Exterior Feature Balcony
Fence Wood
Utilities Available Asphalt, Cable Available, City Sewer, City Water, Electricity Connected, Phone Available
Roof Type Composition
Parking Type Asphalt, Common, On Site, Open, Outside, Paved, Unassigned
Garage No
Building
Lot Description Level
Story Two
Foundation Concrete Perimeter, Pillar/Post/Pier
Level or Stories Two
Structure Type Vinyl Siding
Schools
Elementary Schools Wright
Middle Schools Hall
High Schools Weatherford
School District Weatherford Isd
Others
Ownership Of Record
Acceptable Financing Cash, Contract, Conventional
Listing Terms Cash, Contract, Conventional
Financing Cash
Special Listing Condition Aerial Photo, Survey Available
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Bought with Victor Steffen • eXp Realty LLC