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About This Home
This 20-bedroom, 19-bathroom multi-family at 114 Ash Street in Paradise, TX is listed for $1,995,000 ($200 per sqft). Built in 2020, the home offers 9,999 sqft of living space on a 1.58 acres lot.
ENTIRE RENTAL PROPERTY PORTFOLIO OF MOSTLY NEW & UPDATED PROPERTIES WITH NEAR FULL OCCUPANCY OFFERED FOR SALE on Ash Street in Paradise, Texas. 5 separate structures consisting of: (1) 2-2-2CP Duplex, (2)3-2+2 Townhomes with elegant finishes & privacy fenced backyards and 2 car garages.
One of these townhome units also features extra half baths in each unit., a 1-1 SFR and then a 3-2 SFR currently under full renovation. This home has been taken down to the studs with much new (see Transaction Desk for list) and is currently ready for drywall!
Paradise is one of Wise County's fastest growing towns and has widely sought after A-Rated schools. This portfolio has a fabulous cash flow and an alluring cap rate. Built and owned by a custom home builder, there are many tasteful details throughout - Granite countertops, hardwood and tile finishes, large walk-in closets, elegant lighting, fixtures and more.
You must truly see to appreciate this great package. This portfolio MUST be sold together. Contact list agent for more details. Option exists for additional SFR and 1.959ac plus or minus directly across the street at 102 N. Mesquite St. (MLS#21072318).
Plans already exist for multiple quadplexes in this location or a new owner can build to suit. Seller is a builder and developer and willing to bid or build anything a new owner's heart desires. It's hard to get a good return on your investment in today's economy.
If you've wanted to get into rental real estate, this is a wonderful opportunity with LOADS of potential for growth in all the right directions! Full financials and all info can be fully furnished upon request. Drive link with many additional photos of all units available upon request.
Key Features
- Built in 2020
- 1.58 acre lot
- 16 parking spaces
Property Details
Monthly Cost Estimate
$10,670/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
114 Ash Street
Paradise, TX 76073
Original Town Paradise
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 20-bedroom, 19-bathroom multi-family at 114 Ash Street is listed at $1,995,000 ($200/sqft). The estimated monthly payment is $8,645 based on 20% down at 6.5% interest.
Key features include: Built in 2020, 1.58 acre lot, 16 parking spaces. Interior Features: Decorative Lighting, Eat-in Kitchen, Granite Counters. Exterior Features: Covered Patio/Porch, Rain Gutters, Other.
This property is listed by Shari Guess and can be reached at 8177649996 or BuyWiseRealEstate@gmail.com.