Skip To Content
Texas Real Estate Commission Consumer Protection Notice

    1100 Indiana

    Graham, TX 76450
    • $3,490,000
    • STATUS: Active
    • ON SITE: 85 days
    • MLS #: 14506816
    UPDATED: 39 min ago
    $3,490,000
    • 1
      BEDS
    • 2.5
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1970
    County:
    Area:

    School Information

    Elementary School:
    High School:
    School District:
    Offered by Cindy Munoz Salinas of Texas Connect Realty Llc.

    Description

    Class B portfolio includes 3 properties: 1100 Indiana St, 1222 Brazos St, and SFR 1207 Calaveras.Units are consistently fully occupied. Cap rate was 7.9 in 2020 and is projected to increase to 8.2 or higher in 2021, since all known repairs have been addressed and over 350k in renovations have been poured into the properties. . These are 2 of the 5 complexes in Graham, making it easy to stay fully occupied. Laundry rooms are available at each property, providing an additional income stream. Located near Possum Kingdom Lake and Mineral Wells.

    Monthly Payment Calculator



    © 2021 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or ACR- ANN CARR REALTORS®. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than ACR- ANN CARR REALTORS® are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-04-22T13:41:56.413.
    www.anncarrrealestate.com/homes/113639085
    Print Image

    1100 Indiana Graham, TX 76450

    • Price: $3,490,000
    • Status: Active
    • Updated: 39 min ago
    • MLS #: 14506816
    1
    Beds
    1
    Baths
    0
    ½ Baths
    2.5
    Acres
    1970
    Built
    Neighborhood:
    Indiana Crossings
    County:
    Young
    Area:
    Young County
    Elementary School:
    Shawnee
    High School:
    Graham
    School District:
    Graham ISD
    Property Description
    Class B portfolio includes 3 properties: 1100 Indiana St, 1222 Brazos St, and SFR 1207 Calaveras.Units are consistently fully occupied. Cap rate was 7.9 in 2020 and is projected to increase to 8.2 or higher in 2021, since all known repairs have been addressed and over 350k in renovations have been poured into the properties. . These are 2 of the 5 complexes in Graham, making it easy to stay fully occupied. Laundry rooms are available at each property, providing an additional income stream. Located near Possum Kingdom Lake and Mineral Wells.
    Exterior Features

    Backyard Pool Features Pool Perimeter Fence Construction BrickSiding Exterior Features Outdoor Fireplace/Pit Fence Wood Foundation Slab Lot Description LandscapedSome Trees Parking Or Garage Common LotOpen Parking Spaces 7 Pool On Property Yes Roof Composition

    Interior Features

    Flooring CarpetLaminate Handicap YN Yes Heating Central Air-ElecCentral Heat-Elec Interior Features Cable Tv AvailableHigh Speed Internet AvailableMultiple Staircases Kitchen Equipment Cooktop - ElectricRange/Oven-ElectricRefrigerator Sq Ft Building 21818

    Property Features

    Accessibility Features Meets Ada RequirementsWheelchair Access Building Area Source Owner Buildings 7 Common Features Community PoolLaundryPlayground Complex Name Indiana Crossings Construction Status Preowned Gross Annual Expenses 226761 Gross Annual Income 503397 HOA None Insurance Expense 28476 Junior High School Graham Municipal Utility District No Net Annual Income 276636 Occupancy Rate 100 Possession Closing/Funding Property Type Mul-Apartment/5Plex+ Proposed Financing CashConventionalFhaVa Special Notes Aerial PhotoAffordable HousingHudMeets Ada GuidelinesSurvey Available Tenancy No SmokingPets Allowed Total Annual Expenses Include Accounting/LegalInsuranceLawn CareMaintenanceManagementPayrollTaxes Unit Count 1 Utilities City SewerCity WaterCommunity Mailbox Will Subdivide No

    Listing information © 2021 North Texas Real Estate Information System.


    © 2021 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or ACR- ANN CARR REALTORS®. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than ACR- ANN CARR REALTORS® are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-04-22T13:41:56.413.
     
    https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_14506816-2.jpg https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_14506816-2.jpg https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_14506816-2.jpg
    Logo
    ACR- ANN CARR REALTORS®
    Abilene TX, 79605
    Offered by Cindy Munoz Salinas of Texas Connect Realty Llc.