1201 N Elm, Lancaster, Texas 75146

$815,000
List Price
$815,000
MLS#
14633658
Status
ACTIVE
Type
Commercial
Year Built
1962
Construction Status
Preowned
Acres
0.69
County
Dallas
City
Lancaster
Subdivision
Westridge Acres

Property Description

This property sits next to new developments south of I-20 in Lancaster. The area is rapidly expanding and this is an excellent investment opportunity. 10 unit complex built in 1962, with recently remodeled LVT floors. This lot is near the major warehouse hubs for L'Oreal, Amazon, and DSV. This lot is a also within half a mile of Lancaster High School, and a block away from Pleasant Run Middle School, Jaycee Park, and Pleasant Run Shopping Center. *Information is deemed accurate but prospective buyer and agent to verify all info*.

Additional Information

Features
Living Areas, Other
Gross Annual Expenses
34983
Gross Annual Income
92228
Tenant Pays
All Utilities
Lot Size
30,056
Acres
0.69
Subdivided
No
Flooring
Luxury Vinyl Plank
Foundation
Pier & Beam
Roof
Other
Stories
2
Walls
Brick, Other
Ceiling Height Type
8 to10 Feet
Street Utilities
City Sewer, City Water
Heating Cooling
No Heat, Window Unit
Parking Garage
Area Assigned, Assigned Spaces, Common Lot
Building Sq. Ft.
7950
Number of units
10
Leasable Sq Ft
7950
Building Use
Other
Inclusions
Land & Improvements
Possession
Closing/Funding

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Dallas Luxury Realty.