Weatherford, TX 76088,1702 Mineral Wells Highway
$2,700,000
Est.Price: ?

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2.2 Acres Lot

1702 Mineral Wells Highway Weatherford, TX 76088

Est. payment /mo
SOLD DATE : 12/01/2023

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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

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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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by John McMackin • CLARK REAL ESTATE GROUP
Bought with Victor Steffen • eXp Realty LLC

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Carol Butera, MRP

Agent | License ID: 804671

+1(469) 425-2227

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