Property
Beds
16
Full Baths
16
1/2 Baths
None
Year Built
2024
Sq.Footage
9,999
This exceptional multi-family investment opportunity offers a rare combination of stable income production, newer construction and additional land with future potential. The property consists of four fourplex buildings totaling 16 residential units. All units are currently leased on one-year lease agreements, providing immediate and consistent cash flow. Constructed between 2021 and 2026, the development features modern construction with quality materials and durable finishes for long term ownership and reduced maintenance. The property is serviced by an aerobic septic system. Each unit offers a spacious one-bedroom, one-bath floor plan with vaulted ceilings that create an open and inviting atmosphere. Select units feature beautiful vaulted wood ceilings, while others showcase distinctive vaulted tin ceilings, adding rustic-modern character and architectural appeal throughout the property. Built with durability and convenience in mind, units have stained concrete and tile flooring. Interior wood walls add warmth and charm, creating a custom feel that distinguishes these units from traditional apartment properties. Residents benefit from dedicated utility rooms with full-size washer and dryer connections. All units are equipped with seamless metal roofs for long-term durability and minimal maintenance requirements. Every unit includes a covered two-car carport with concrete parking beneath, while gravel drive access complements the property's rural setting and efficient layout. The additional 6.92 acres of grassland adds substantial value and flexibility to the investment, offering many additional opportunities or long-term land appreciation. Opportunity to buy with additional investment property MLS #21289453.
Features & Amenities
Interior
-
Other Interior Features
Open Floorplan, Walk-In Closet(s)
-
Total Bedrooms
16
-
Bathrooms
16
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air, Electric
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Attached Carport
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
7.93
-
Lot Size(square feet)
345430.8
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$2,600,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
Tom and Nita Nichols
-
High School
Joshua
Property Features
-
Foundation Details
Slab
-
Sewer
Septic Tank
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Location
County
Johnson
Elementary School
Middle School
Tom and Nita Nichols
High School
Joshua
Listing Courtesy of Rebecca Smith , Dalton Wade, Inc.
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AGENT
Joe Boston
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