Remarks

Caddo Lakefront Apartments Complex, Private Boat Ramp, 4 RV sites and 2 HOMES!!


9 Unit Apartment Style Townhomes and a home, all Located on Caddo Lake! NO HOA!

2 homes, 4 RV pads and fishing pier and priavte boat ramp. Room to add more units. No restrictions and situated on 7.7 acres


UNIT 1 : 3-2 rented at $1250 renovated 2024


UNIT 2 : 3-2 rented at $895 renovated 2022


UNIT 3 : 1-1 rented at $650 (manager lives discounted rent)-wants to stay


UNIT 4 : 3-2 rented at $1050 renovated 2024


UNIT 5 : 2-1 rented at $895 renovated 2024


UNIT 6 : 2-2 rented at $950


UNIT 7 : 1-1 rented at $700 renovated 2024


UNIT 8 : 2-2 rented at $ 950 renovated 2024


UNIT 9 : 1-1 rented at $720 renovated 2024


HOUSE : 3-2 rented at $800 partly renovated 2024


4 RV sites, currently vacant. Proforma 400 per monthX 4= 1600 per month.


2 homes, 1500 per month and 1800 per month. One of homes went vacant on August 1st, so could be owner occupied and was recently remodeled.


TOTAL CURRENT ACTUAL MONTHLY GROSS $10,360


TOTAL YEARLY GROSS $ 125,000


Mowing : $3000


Trash : $2800

Insurance( currently none) anticipated 10K per annum


Proforma monthly- 13,760

Proforma annual- 165,120


Proforma NOI- 136,000


Perfect for owner operator or investors!


Newly Renovated and offering seller financing for qualified buyers!


Information enclosed deemed reliable but not guaranteed by listing broker. Buyer is responsible for his or her own due diligence. Listing broker cannot warrant the complete accuracy thereof subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.Turn Key property group and its affiliates do not assume any legal liability for the accuracy of the enclosed information regarding subject listing. DO NOT DISTURB, SHOWINGS by appointment only. This is a fully occupied property.

Details

MLS#: 21021852
Price: $1,395,000

Style: Hotel/Motel
Year Built: 1994

County: Harrison
Subdivision: Leisure Cove Resort