101 E Riverside Drive

Stephenville, TX 76401
$1,980,000
18 beds | 14.5 baths | 1.04 acres | #20777071

Description

GREAT INVESTMENT PROPERTY! Here is a fully occupied 11-unit apartment complex with 7 units that are 2 bedrooms, 1.5 baths and 4 units that are 1 bedrooms, 1 bath giving you a total of 11 units. With Tarleton State University growing and now a D1 school this would be a great rental property for an investor, a property management company, or buyers looking for a high-performance investment. This complex was built in 2015, and it has central heat and air, electric appliances, and is well maintained ensuring high demand and low vacancy rates. There are 18 parking spaces however some of the spaces are extremely long for even more parking space. This upscale townhome complex is within walking distance to the Stephenville city park and downtown Stephenville making the location even more desirable. Call for your appointment today! Need a 24 hour notice to show.

  • Property Details
      • Interior:Built-in Features, Cable TV Available, Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Pantry
      • Bedrooms:18
      • Bathrooms:14.5
      • Full Baths:11
      • Half Baths:7
      • Lot description:Cleared
      • Exterior materials:Private Yard
      • Acres:1.0410
      • Property type:Multi-Family
      • Year built:2015
      • Foundation:Slab
      • Utility features:Cable Available, City Sewer, City Water, Electricity Connected, Individual Water Meter
      • Subdivision:City Add
      • School district:Stephenville ISD
      • Elementary School:Central
      • County:Erath
      • MLS #:20777071
      • Cost:1980000
      • Property subtype:Apartment
      • MLS #:20777071

Location

Brenda MancilBrenda Mancil REALTOR®
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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