Saturday, April 28, 2012

May List of North Texas Multi-Family Property

Thank you for taking the time to view my blog. Again, I am a State of Texas licensed Realtor that works with buyers to locate property. My focus throughout the Dallas/Ft Worth Metroplex are duplexes, 4-plexes and small commercial multi-family property. This blog is updated bi-monthly (I also send out a bi-monthly email with the latest property update, let me know if you would like to be added to that list).

I am always happy to customize a search specific to your needs. I know some people want full investment properties while others are looking to Owner Occupy one unit as a primary residence and rent the other unit for extra income (so the other tenant is paying the mortgage for you) – because of this parameters vary from deal to deal.

Below are links to the properties for the MAY List:

SHORT LIST OF DUPLEXES PRICED UP TO $160K

FULL LIST OF DUPLEXES PRICED UP TO $160K

SHORT LIST OF DUPLEXES PRICED OVER $160K

FULL LIST OF DUPLEXES PRICED OVER $160K

SHORT LIST OF TRI/QUAD PLEXES

FULL LIST OF TRI/QUAD PLEXES

FULL LIST OF COMMERCIAL MULTI-FAMILY

PROPERTY NOT LISTED IN ABOVE LINKS:

1. 39 units - $877,000 – Dallas – 9.7% Cap – Seller Financing with 25% Down

2. Brand new Builder Duplexes - $255,000 each – Central Texas (New Braunfels, Kyle, Georgetown) – dependable return, mgmt in place

3. West Plano Duplex – Leases through 2013 - $276,000 price - $3300 gross monthly income – solid income – long term tenants.

4. West Ft Worth Duplex - $125,000 – Cash Flow – next to Lockheed facility

5. 12 units off Swiss – Property updated 5 years ago – REDUCED to $600K

6. 19 Units in Garland – 9.5% Cap – REDUCED to $487,000

7. 18 units in North West Arlington - $675,000 – 9% Cap

8. 2 duplexes in Central Ft Worth – Seller Financing - $175K each

9. 3 duplex package in Garland – Seller financing

10. 20 units near UTA in Arlington – strong cash flow - $595,000

11. 8 or 16 units in North Austin - $369,000 per 8 plex

12. 39 units – North Austin/UTA Shuttle Route - $1.65M – 9% Cap

13. 8 unit property in Denton/TWU Area - $450,000

14. 4 duplex package in San Marcos (South Austin) Texas State University - $690,000

15. 12 units in San Marcos - additional 2 acres included (16 additional buildings possible and utilities in place)

16. Land for Condo build out in Austin (Lake Travis) - $3.2M - appraised at $6M – project already approved and community already in place, this would be last phase

17. 17 units – Class A property/area – average rent over $3000/month – high end finish out – Central Dallas - $5.95M

DO YOU NEED TO LIST YOUR INVESTMENT PROPERTY OR RENTAL VACANCY ON MLS/REALTOR.COM?

I offer a Flat Fee MLS/Realtro.com service to list your investment property or unit for rent on MLS. First listing is a flat $125 and each listing after is $99. The flat fee gets the property on MLS/Realtor.com and all the sites that pull feeds from those sources. Great exposure for your property. The flat fee is only for listing the property. Showings, negotiations, contract issues, etc are handled direct with you and the buyer. If you would like information on this program, please call or email.

Thanks for looking at the blog. Please feel free to call or email with any questions.

Jim Glynn
JG Real Estate
3920 Lenox Dr
Ft Worth, TX 76107
TX Licensed Realtor #0540156
817-896-7990
817-764-0633 fax
jimglynn@charter.net

Friday, April 13, 2012

MID APRIL 2012 Multi-Family Property List - Dallas/Ft Worth

Thank you for taking the time to view my blog. Again, I am a State of Texas licensed Realtor that works with buyers to locate property. My focus throughout the Dallas/Ft Worth Metroplex are duplexes, 4-plexes and small commercial multi-family property. This blog is updated bi-monthly (I also send out a bi-monthly email with the latest property update, let me know if you would like to be added to that list).

I am always happy to customize a search specific to your needs. I know some people want full investment properties while others are looking to Owner Occupy one unit as a primary residence and rent the other unit for extra income (so the other tenant is paying the mortgage for you) – because of this parameters vary from deal to deal.

Below are links to the properties for the MID-APRIL List:

SHORT LIST OF DUPLEXES PRICED UP TO $160K

FULL LIST OF DUPLEXES PRICED UP TO $160K

SHORT LIST OF DUPLEXES PRICED OVER $160K

FULL LIST OF DUPLEXES PRICED OVER $160K

SHORT LIST OF TRI/QUAD PLEXES

FULL LIST OF TRI/QUAD PLEXES

FULL LIST OF COMMERCIAL MULTI-FAMILY


OTHER PROPERTIES FOR SALE – UPDATED APRIL 15th

1. Brand new Builder Duplexes - $255,000 each – Central Texas (New Braunfels, Kyle, Georgetown) – dependable return, mgmt in place
2. West Plano Duplex – Leases through 2013 - $276,000 price - $3300 gross monthly income – solid income – long term tenants.
3. West Ft Worth Duplex - $125,000 – Cash Flow – next to Lockheed facility
4. 12 units off Swiss – Property updated 5 years ago – REDUCED to $600K
5. 19 Units in Garland – 9.5% Cap – REDUCED to $487,000
6. 18 units in North West Arlington - $675,000 – 9% Cap
7. 12 units in Burleson – 100% occupied. $369,000
8. 13 units in Arlington/UTA - $499,000
9. 2 duplexes in Central Ft Worth – Seller Financing - $175K each
10. 3 duplex package in Garland – Seller financing
11. 79 units in Mineral Wells – $2.3M
12. 20 units near UTA in Arlington – strong cash flow - $595,000
13. 8 or 16 units in North Austin - $369,000 per 8 plex
14. 39 units – North Austin/UTA Shuttle Route - $1.65M – 9% Cap
15. 8 unit property in Denton/TWU Area - $450,000
16. 4 duplex package in San Marcos (South Austin) Texas State University - $690,000
17. 12 units in San Marcos - additional 2 acres included (16 additional buildings possible and utilities in place)
18. Land for Condo build out in Austin (Lake Travis) - $3.2M - appraised at $6M – project already approved and community already in place, this would be last phase
19. 88 units in Plano – Assumable Loan - $3.85M – 9.5% Cap on Actuals
20. 17 units – Class A property/area – average rent over $3000/month – high end finish out – Central Dallas - $5.95M


SINGLE FAMILY RENTAL – Below are ISD’s that I’m focusing on for properties under market value and in COMP range. These areas have been extremely popular with renters and tend to lease quickly.

1. Keller ISD – Solid area and continues to be consistent for leasing and finding opportunities.
2. Mansfield ISD – Homes will be a bit more expensive here but rental market remains solid and you will get higher rents.
3. Plano ISD – Always popular, won’t find many new builds but in between the Tollway and I-75 is popular for renters.
4. Northwest ISD – In NW Ft Worth, good schools and lots of new builds. The area lacks substantial retail but that is coming. Good rents.
5. Frisco ISD – Starting to stabilize but higher prices – worth following to see if some deals pop up.
6. McKinney ISD – Similar to Northwest ISD – lower costs homes and consistent rents makes it a popular choice.
7. Cedar Hill and Desoto – South Dallas (south of I-20) – less expensive homes and solid rents


DO YOU NEED TO LIST YOUR INVESTMENT PROPERTY OR RENTAL VACANCY ON MLS/REALTOR.COM?

I offer a Flat Fee MLS/Realtor.com service to list your investment property or unit for rent on MLS. First listing is a flat $125 and each listing after is $99. The flat fee gets the property on MLS/Realtor.com and all the sites that pull feeds from those sources. Great exposure for your property. The flat fee is only for listing the property. Showings, negotiations, contract issues, etc are handled direct with you and the buyer. If you would like information on this program, please call or email.


Jim Glynn
JG Real Estate
TX Licensed Realtor #0540156
817-896-7990
817-764-0633 fax
jimglynn@charter.net