Investor dream, nearly 8 percent cap rate, fully leased quad with room to increase rents, great cash flow. Recently built, well maintained, each unit is 3 bedroom and 1 bath with full washer dryer areas and nice kitchens. Each unit is separately metered, and tenants pay all utilities. Crowley is a desirable area, close to I-35 for easy renter commuter access to entire metroplex. Does qualify for FHA and VA financing, just ask for more info.
Well maintained brick four unit property in popular Crowley ISD. Water separately metered. Tenants pay their own utilities. One unit on Housing and has been there since August 2013. Unit D there since 2012. All leases start on a one year lease period with no pets allowed.
Seller is licensed realtor. Serious inquires only please. All units are occupied. Please do not disturb the tenants.
Both sides are leased. 488 leased for $1000 and 492 leased for $950. Each side has its own parcel number as they were sold individually by the builder. 488 Brookbank is # 40872521 and 492 Brookbank is # 40872513. Per tax rolls they are 1260 SF and 1280 SF respectively. Each side has its own 2 car garage with garage door opener and their own separately fenced rear yard.