$3,750,000
7311 Fm 1886 Azle, TX 76020
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$3,750,000
Est. payment /mo
10 Acres Lot
UPDATED:
10/29/2024 10:28 PM
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision Wright-Tucker Farm
MLS Listing ID 20504457
Total Fin. Sqft 18200
Year Built 2022
Annual Tax Amount $34,586
Lot Size 10.004 Acres
Acres 10.004
Property Description
Introducing Cabins at Rocky Top – a premier investment opportunity in Azle, Texas. This distinguished 10-acre property features a nearly fully-leased cabin community, offering a rare combination of immediate cash flow and significant growth potential. With its mix of one-story and loft-style units, this development caters to a diverse tenant base seeking the allure of cabin living with modern conveniences.
Investment Highlights:
Land Size: 10.004 Acres
Total Units: 12 (6 One-Story, 6 Two-Story Lofts)
Leasing Office: On-site for management and tenant services
Occupancy: 92% leased, providing immediate revenue
Future Expansion: 2 additional cleared sites ready for development
Unit Specifications:
One-Story Units: 1,270 sq. ft., 3 bed 2 bath, fully-equipped kitchen, laundry, dining
Loft Units: 1,670 sq. ft., 3 bed 2 bath, two-level living, premium features
Construction: High-quality materials for durability and reduced maintenance costs
Investment Highlights:
Land Size: 10.004 Acres
Total Units: 12 (6 One-Story, 6 Two-Story Lofts)
Leasing Office: On-site for management and tenant services
Occupancy: 92% leased, providing immediate revenue
Future Expansion: 2 additional cleared sites ready for development
Unit Specifications:
One-Story Units: 1,270 sq. ft., 3 bed 2 bath, fully-equipped kitchen, laundry, dining
Loft Units: 1,670 sq. ft., 3 bed 2 bath, two-level living, premium features
Construction: High-quality materials for durability and reduced maintenance costs
Location
State TX
County Parker
Zoning No Zoning
Direction GPS. West of Farmer Rd 3325 and FM 1886
Interior
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Vinyl, Wood
Heat Source Central, Electric
Exterior
Utilities Available Dirt, Electricity Available, Electricity Connected, Private Sewer, Well, Other
Roof Type Metal
Parking Type Driveway, On Site
Garage No
Building
Foundation Slab
Structure Type Brick,Wood
Others
Ownership see agent
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Listed by Dustin Wright • Keller Williams Realty