611 W Front Avenue

    Electra, TX 76360
    • $135,000
    • STATUS: Active
    • ON SITE: 1150 days
    • MLS #: 138600
    UPDATED: 55 min ago
    $135,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    $25000 below 2018 proposed tax appraisal. 3 tenants including Dollar General who just extended to 2023. Gross monthly income is $2850/month escalating to $3050/month in 08/2018. HVAC units have been replaced. Asphalt parking lot has been improved to concrete. 12-15% cap rate. Good ROI calculations. Step into immediate cash flow.

    Monthly Payment Calculator

    © 2018 Wichita Falls Association of REALTORS® Multiple Listing Service, all rights reserved. The data relating to real estate for sale on this website comes in part from the Wichita Falls Association of REALTORS® Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s), WichitaFallsHomeFinder.com RE/MAX Wichita Falls nor Wichita Falls Association of REALTORS® Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information provided is 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. Data may not be reproduced or redistributed. Data last updated: 2018-12-10T13:56:30.61.
    www.wichitafallshomefinder.com/homes/56873426

    611 W Front Avenue Electra, TX 76360

    • Price: $135,000
    • Status: Active
    • Updated: 55 min ago
    • MLS #: 138600
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    32 Electra
    County:
    Wichita
    Area:
    32 Electra
    Property Description
    $25000 below 2018 proposed tax appraisal. 3 tenants including Dollar General who just extended to 2023. Gross monthly income is $2850/month escalating to $3050/month in 08/2018. HVAC units have been replaced. Asphalt parking lot has been improved to concrete. 12-15% cap rate. Good ROI calculations. Step into immediate cash flow.
    Exterior Features

    Location Corner Lot Lot Size Total Land Area 0

    Property Features

    Commercial Type Shopping Center

    Listing provided courtesy of Michael Detrick of Nortex Realty. IDX information © 2018 Wichita Falls Association of REALTORS® Multiple Listing Service.
    © 2018 Wichita Falls Association of REALTORS® Multiple Listing Service, all rights reserved. The data relating to real estate for sale on this website comes in part from the Wichita Falls Association of REALTORS® Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s), WichitaFallsHomeFinder.com RE/MAX Wichita Falls nor Wichita Falls Association of REALTORS® Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information provided is 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. Data may not be reproduced or redistributed. Data last updated: 2018-12-10T13:56:30.61.
     
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    2801 Midwestern Pkwy
    Wichita Falls TX, 76308