Address
1009 Griffith Road, Abilene, TX
Price
$ 1,999,999
Property Attributes
- MLS#20576997
- TypeMulti-Family
- CountyTAYLOR
- CityAbilene
- NeighborhoodThe Villas Of University Hills
- Zip79601
- StyleMultiple Single Units
- Year Built2003
- Taxes$ 36205
- Price$ 1,999,999
- Bedrooms36
- Full Bathrooms24
- Half Bathrooms0
- Lot Size1.6 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Introducing an exceptional investment opportunity: a meticulously crafted 12-unit rental complex nestled in a prime location close to Abilene Christian University, Hardin Simmons University, and Hendrick Hospital. Each unit boasts a spacious layout featuring three bedrooms and two bathrooms, providing ample space and comfort for residents. This property is designed to appeal to both students and professionals seeking convenient access to nearby educational institutions and healthcare facilities. Whether it's for students attending universities or medical professionals working at Hendrick Hospital, this complex offers an ideal living solution. The strategic location ensures high demand and consistent occupancy rates, making it an attractive proposition for investors seeking stable returns. Don't miss out on this opportunity to capitalize on the thriving rental market in this desirable area. Currently 100 percent occupied.
| Elementary School |
|---|
| Taylor Elementary School |
| Price History | |
|---|---|
| 4/2/2024 | Listed $1,999,999 |
General Features
| Heating | Central |
|---|---|
| Complex Name | Griffith |
| Cooling | Central Air |
| Utilities | City Sewer,Community Mailbox |
| Possession | Closing/Funding |
| Roof | Composition |
| Appliances | Dishwasher,Electric Range,Microwave |
| School District | Abilene ISD |
| Capitalization Rate | 6.49 |
| Year Built | 2003 |
| Levels | Two |
| Unexempt Taxes | 36205 |
| Will Subdivide | No |
| Gross Annual Expenses | 57810.00 |
| Property SubType | Multiple Single Units |
| Subdivision Name | The Villas Of University Hills |
| Insurance Expense | 14004 |
| County | Taylor |
| Operating Expense Includes | Gardener,Maintenance,Maintenance Grounds,Manager,Professional Management,Water/Sewer |
| Property Type | Residential Income |
| Construction Materials | Brick,Siding |
| Year Built Details | Preowned |
| HOA Type | None |
| # of Buildings | 12 |
| Status | Active |
| Directions | From EN 11th,turn on Griffith. Units will be on east side of road. |
| City | Abilene |
| Buyer Agent Compensation | 2% |
| Elementary School Name | Taylor |
| High School | Abilene |
| Street Name | Griffith |
| Elementary School | Taylor |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20576997 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Interior Features | High Speed Internet Available |
|---|---|
| Flooring | Carpet,Ceramic Tile |
| Total Units | 12 |
| Unit Count | 1 |
| Full Baths | 24 |
| Lock Box Type | None |
| Street Suffix | Road |
| Total Bedrooms | 36 |
Exterior Features
| Parking Features | Common |
|---|---|
| Foundation | Slab |
| Lot Size Area | 1.6000 |
| Number Of Parking Spaces | 24 |
| Lot Size Units | Acres |
| Building Area Total | 17316.00 |
| Lot Size Square Feet | 69696.0000 |
| Lot Size Acres | 1.6000 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 79601
Price
Taxes
Visits
Year Built
© 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: 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) nor NextHome Premier Choice shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
