Showing posts with label 4-plex. Show all posts
Showing posts with label 4-plex. Show all posts

Monday, August 31, 2020

  Texas Real Estate Commission Information About Brokerage



Thanks for visiting the DFW Investment Blog,


CLARIFICATION ON THE LIST: I was asked how I put the list together. My 1st goal is to find/add properties that will cash flow at list price. That has become more and more of a challenge as sellers are pricing high to start. The 2nd goal is to identify properties in areas of growth and where rents can be raised to make the property work. 3rd goal is for good/safe areas where a property may need updating/turn around and will work after updating occurs. Finally, on the overpriced ones, we watch and see time on market and if the seller is getting more real over the life of the listing. As I mentioned before, deals are getting done, just need to get the offers going and see how flexible the sellers are.

Below is the SEPTEMBER 2020 property update. 


When clicking on below links, you can click on DISPLAY on the upper right of page to display property by property details.


SEPTEMBER 2020 LIST








OTHER PROPERTIES FOR SALE –  Updated 9/1/2020
 
0.       Venus, TX (south DFW) next to NEW GOOGLE DATA Center - fast growing areas - Duplexes $460K  -  Quads - $680K - established builder

1.       10 duplex portfolio (20 units) - Amarillo - $1.250 - 7.2% Cap

2.       22 unit MF - newer build in Huntsville - Next to Sam Houston St - 100% Occupancy - $2.9M - 7% Cap
3.       $4.3M - 9 duplexes and 5 fourplexes - newer build - Waco, TX

4.      BRAND NEW - sixteen 4-plexes in NW Houston (Out of Hurricane zone) - $760,000 - 7% Cap

5.      Sanger, TX (north of Denton) Off Market - Package of 4 duplexes (8 units) built in 2018/2019 - $1.650M - Fast growing area, 15 minute drive the the crazy growth of Oklahoma     Casino (Winstar) but in Texas.

6.    Waco MF package - 9 duplexes and 5 4-plexes - 38 units total - built from 2009-2016 - $4.3M

7.     New build commercial in San Antonio - 5 unit at $750K, 6 unit at $850K - $1,400+ rent per unit - commercial lender in place

8.     Conroe, TX - (North Houston) - 36 unit mobile home park, 31 acres (12 acres left for build out) - 7.6% Cap - $3.0M - Fast Growing Area

9.   30 duplex portfolio in Lubbock,TX - $215K per duplex, $2K rents on each duplex - Built 2002-2004 - owner will split up package (additional 20 duplexes in same community     available from another seller - also $215K per - Solid opportunity to own a complete subdivision of duplexes.

10.    19 Unit MF in Waco - Next to Baylor University - $1.1M

11.     40 renovated units - South Denton - $3M

12.     12 duplex portfolio (24 units) - Weatherford  (fast growing West Ft Worth) - $3.4M

13.     Brand new duplex in Sequin, TX (south of Austin, off the Tollway where Tesla is building) - $380,000 per

14.     6-plex in Weatherford on 2 acres - $1.2m - $90K NOI per list agent - additional acreage to build another 6-plex

15.     9-unit MF on TAMU (Texas A&M) bus route - Bryan, TX - $1.6M  - new construction

16.    15 duplex portfolio in Huntsville (Sam Houston St) - Solid income producing properties - $2.5M - 7.5% Cap - Year 2001 builds



FLAT FEE MLS LISTING (100s of Internet Sites) - $150 – GREAT WAY TO LIST FOR SALE AND FOR LEASE PROPERTIES 


I offer a Flat Fee MLS service to list your investment property or unit for rent on MLS. First listing is a flat $150 and each listing after is $125. The flat fee gets the property on MLS and all the sites that pull feeds from those sources. Great exposure for your property. If you would like information on this program, please call or email.



FULL SERVICE LISTING - 1% Listing Fee

If you need more than the MLS Flat Fee service, I will be offering Full Service listing for only 1% on the listing side (still reserve 2-3% for buyer broker). Reduced commission but full representation of photos, signs, lockbox, negotiations, etc.




Please call/email for details.

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). 









Texas Income property, duplexes, 4-plexes, apartment complex, quad plex, quads, duplex, single family investment, Dallas Real Estate, Fort Worth Real Estate, DFW income property

Friday, August 14, 2020

MID AUGUST INVESTMENT PROPERTY UPDATE - TEXAS

 Texas Real Estate Commission Information About Brokerage



Thanks for visiting the DFW Investment Blog,

I hope everyone is having a good Summer. With school approaching, I would normally say we start to see more inventory come to market as the Fall Pattern starts. This year I’m not so sure. A lot will depend on a smooth start to school and hopefully not another shut down. 

Rates are still solid, which is great. I see most sellers are still starting high on pricing, they just have to be worked down a bit.

CLARIFICATION ON THE LIST: I was asked last week on how I put the list together. My 1st goal is to find/add properties that will cash flow at list price. That has become more and more of a challenge as sellers are pricing high to start. The 2nd goal is to identify properties in areas of growth and where rents can be raised to make the property work. 3rd goal is for good/safe areas where a property may need updating/turn around and will work after updating occurs. Finally, on the overpriced ones, we watch and see time on market and if the seller is getting more real over the life of the listing. As I mentioned before, deals are getting done, just need to get the offers going and see how flexible the sellers are.

Below is the MID AUGUST 2020 property update. 


When clicking on below links, you can click on DISPLAY on the upper right of page to display property by property details.


MID AUGUST 2020 LIST







OTHER PROPERTIES FOR SALE –  Updated 8/15/2020
 
     0.       Venus, TX (south DFW) next to NEW GOOGLE DATA Center - fast growing areas - Duplexes $460K  -  Quads - $680K - established builder

     1.       10 duplex portfolio (20 units) - Amarillo - $1.250 - 7.2% Cap

     2.       22 unit MF - newer build in Huntsville - Next to Sam Houston St - 100% Occupancy - $2.9M - 7% Cap

     3.       17 unit MF - Denton (UNT) - $1.825M 

4.      Full Duplex in Granbury (west of Ft Worth) Each units 3/2/2 - Updated - $280,000 - Solid Location

5.      Red Oak, TX (south of Dallas) - 8 unit, year 2017 gated complex for 55+ ages - 100% Leased - $1,375,000

6.      Sanger, TX (north of Denton) Off Market - Package of 4 duplexes (8 units) built in 2018/2019 - $1.650M - Fast growing area, 15 minute drive the the crazy growth of Oklahoma Casino (Winstar) but in Texas.

7.    Waco MF package - 9 duplexes and 5 4-plexes - 38 units total - built from 2009-2016 - $4.3M

8.    18 units - built 2017 - New Braunfels - FAST GROWING - $3.9M

9.     NEW BUILD 2-4 UNIT (several to choose from) - CONROE, VENUS (SOUTH DFW), NEW BRAUNFELS, SAN ANTONIO - Lots of options

10.     New build commercial in San Antonio - 5 unit at $750K, 6 unit at $850K - $1,400+ rent per unit - commercial lender in place

11.     Conroe, TX - (North Houston) - 36 unit mobile home park, 31 acres (12 acres left for build out) - 7.6% Cap - $3.0M - Fast Growing Area

12.   30 duplex portfolio in Lubbock,TX - $215K per duplex, $2K rents on each duplex - Built 2002-2004 - owner will split up package (additional 20 duplexes in same community     available from another seller - also $215K per - Solid opportunity to own a complete subdivision of duplexes.

13.    19 Unit MF in Waco - Next to Baylor University - $1.1M

14.     40 renovated units - South Denton - $3M

15.     24 units in South Grand Prairie - $2.4M

16.     12 duplex portfolio (24 units) - Weatherford  (fast growing West Ft Worth) - $3.4M

17.     Brand new duplex in Sequin, TX (south of Austin, off the Tollway where Tesla is building) - $380,000 per

18.     6-plex in Weatherford on 2 acres - $1.2m - $90K NOI per list agent - additional acreage to build another 6-plex

19.     9-unit MF on TAMU (Texas A&M) bus route - Bryan, TX - $1.6M  - new construction




FLAT FEE MLS LISTING (100s of Internet Sites) - $150 – GREAT WAY TO LIST FOR SALE AND FOR LEASE PROPERTIES 


I offer a Flat Fee MLS service to list your investment property or unit for rent on MLS. First listing is a flat $150 and each listing after is $125. The flat fee gets the property on MLS and all the sites that pull feeds from those sources. Great exposure for your property. If you would like information on this program, please call or email.



FULL SERVICE LISTING - 1% Listing Fee

If you need more than the MLS Flat Fee service, I will be offering Full Service listing for only 1% on the listing side (still reserve 2-3% for buyer broker). Reduced commission but full representation of photos, signs, lockbox, negotiations, etc.




Please call/email for details.

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). 









Texas Income property, duplexes, 4-plexes, apartment complex, quad plex, quads, duplex, single family investment, Dallas Real Estate, Fort Worth Real Estate, DFW income property

Wednesday, July 1, 2020

Duplex Packages - 60 units and 8 units

Below are a couple of off market duplex packages for sale.

Package # 1:

NW Lubbock,TX - 
30 duplexes (60 units)  possible another 20 duplexes (40 units)
All units are 3 bed, 3 bath, 2 car garage, approx 1,400 sqft
Average Rents are $1,000 per unit
Built 2003-2005
Price is  $215,000 per duplex


Package #2:
Sanger, TX  (close to Denton, TX)
4 duplexes (8 units)
All units are 3 beds, 2.5 baths, 2 car garage
Built 2018/2019
Average rent is $1,600 per unit
Price is $415,000 per duplex








duplex, duplexes, investment property, cash flow, 4-plexes, quads, texas

Tuesday, June 30, 2020

JULY 2020 - 2-4 Unit, Commercial MF, Duplex Packages



Thanks for visiting the DFW Investment Blog,


Below is the JULY  2020 property update. 

Heat and Humidity has hit Texas and Summer is for real. We of course are still dealing with Covid issues but inventory isn’t bad. A decent amount of new listings have been added and some deals are getting done. 

Please let me know any questions and any updated parameters you have.

When clicking on below links, you can click on DISPLAY on the upper right of page to display property by property details.


JULY  2020 LIST








OTHER PROPERTIES FOR SALE –  Updated 7/1/2020

     0.       6 units in Brock with additional acreage to build 6 more units - $1.1M

     1.       14 units in Denton - $1,070,000 - Close to UNT

     2.       8 units in Tyler  (4 duplexes side by side) - $850,000

     3.       12 units in Gainesville - Built 2019 - $.1.6M

4.      16 units in South Dallas - $1.3M - 7.9% Cap

5.      6 Unit Commercial MF -  Stephenville, TX  (Tarleton State College) - $800K - Great location
6.      Red Oak, TX (south of Dallas) - 8 unit, year 2017 gated complex for 55+ ages - 100% Leased - $1,375,000

7.      Sanger, TX (north of Denton) Off Market - Package of 4 duplexes (8 units) built in 2018/2019 - $1.650M - Large Units - $38,400 gross annual rents per duplex ($153,600 all 4 duplexes) - Fast growing area, 15 minute drive the the crazy growth of Oklahoma Casino (Winstar) but in Texas.

 8.    Arlington, TX - Central location, Year 2002 construction, $370,000 - market rents of $1500-$1600 range

10.    Denton, TX - 12 unit MF in Central Denton, near UNT - $1.35M - 6.1% Cap

11.    12 duplex package in Weatherford, built 2009 - $3.2M  (24 units) Solid location.

12.    Austin, TX - North Austin 18 unit MF - updated in 2015 - $2.9M

13.    Full renovated duplex in Central McKinney, near downtown - $399,000

14.     5-PLEX IN North San Antonio, solid location - $480,000

15.     Full duplex in Mesquite, year 2006 - 3/2 unit - $315,000

18.     20 units in Amarillo at $1.250 - 7% Cap

19.     NEW BUILD 2-4 UNIT - CONROE, VENUS (SOUTH DFW), NEW BRAUNFELS, SAN ANTONIO - Lots of options

20.     New build commercial in San Antonio - 5 unit at $750K, 6 unit at $850K - $1,400+ rent per unit - commercial lender in place

22.     Conroe, TX - (North Houston) - 36 unit mobile home park, 31 acres (12 acres left for build out) - 7.6% Cap - $3.0M - Fast Growing Area

23.      Bryan, TX (Texas A&M area) - 16 unit MF - $960,000 - 7% Cap

24.   30 duplex portfolio in Lubbock,TX - $215K per duplex, $2K rents on each duplex - Built 2002-2004 - owner will split up package (additional 20 duplexes in same community     available from another seller - also $215K per - Solid opportunity to own a complete subdivision of duplexes.

25.   21 units - MF - central location in Ft Worth. Right off I-30….Recently updated - $2.1M



FLAT FEE MLS LISTING (100s of Internet Sites) - $150 – GREAT WAY TO LIST FOR SALE AND FOR LEASE PROPERTIES 


I offer a Flat Fee MLS service to list your investment property or unit for rent on MLS. First listing is a flat $150 and each listing after is $125. The flat fee gets the property on MLS and all the sites that pull feeds from those sources. Great exposure for your property. If you would like information on this program, please call or email.



FULL SERVICE LISTING - 1% Listing Fee

If you need more than the MLS Flat Fee service, I will be offering Full Service listing for only 1% on the listing side (still reserve 2-3% for buyer broker). Reduced commission but full representation of photos, signs, lockbox, negotiations, etc.




Please call/email for details.

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). 









Texas Income property, duplexes, 4-plexes, apartment complex, quad plex, quads, duplex, single family investment, Dallas Real Estate, Fort Worth Real Estate, DFW income property

Monday, June 15, 2020

MID JUNE 2020 - DUPLEXES, QUADS, COMMERCIAL MULTI-FAMILY UPDATE




Thanks for visiting the DFW Investment Blog,


Below is the MID JUNE  2020 property update. 

Please let me know any questions and any updated parameters you have.

When clicking on below links, you can click on DISPLAY on the upper right of page to display property by property details.


MID JUNE 2020 LIST








OTHER PROPERTIES FOR SALE –  Updated 6/15/2020

     0.       6 units in Brock with additional acreage to build 6 more units - $1.1M

     1.       14 units in Denton - $1,070,000 - Close to UNT

     2.       8 units in Tyler  (4 duplexes side by side) - $850,000

     3.       12 units in Gainesville - Built 2019 - $.1.6M

4.      16 units in South Dallas - $1.3M - 7.9% Cap

5.      6 Unit Commercial MF -  Stephenville, TX  (Tarleton State College) - $800K - Great location
6.      Red Oak, TX (south of Dallas) - 8 unit, year 2017 gated complex for 55+ ages - 100% Leased - $1,375,000

7.      Sanger, TX (north of Denton) Off Market - Package of 4 duplexes (8 units) built in 2018/2019 - $1.650M - Large Units - $38,400 gross annual rents per duplex ($153,600 all 4 duplexes) - Fast growing area, 15 minute drive the the crazy growth of Oklahoma Casino (Winstar) but in Texas.

 8.    Arlington, TX - Central location, Year 2002 construction, $370,000 - market rents of $1500-$1600 range

10.    Denton, TX - 12 unit MF in Central Denton, near UNT - $1.35M - 6.1% Cap

11.    12 duplex package in Weatherford, built 2009 - $3.2M  (24 units) Solid location.

12.    Austin, TX - North Austin 18 unit MF - updated in 2015 - $2.9M

13.    Full renovated duplex in Central McKinney, near downtown - $399,000

14.     5-PLEX IN North San Antonio, solid location - $480,000

15.     Full duplex in Mesquite, year 2006 - 3/2 unit - $315,000

18.     20 units in Amarillo at $1.250 - 7% Cap

19.     NEW BUILD 2-4 UNIT - CONROE, VENUS (SOUTH DFW), NEW BRAUNFELS, SAN ANTONIO - Lots of options

20.     New build commercial in San Antonio - 5 unit at $750K, 6 unit at $850K - $1,400+ rent per unit - commercial lender in place

22.     Conroe, TX - (North Houston) - 36 unit mobile home park, 31 acres (12 acres left for build out) - 7.6% Cap - $3.0M - Fast Growing Area

23.      Bryan, TX (Texas A&M area) - 16 unit MF - $960,000 - 7% Cap

24.   30 duplex portfolio in Lubbock,TX - $215K per duplex, $2K rents on each duplex - Built 2002-2004 - owner will split up package (additional 20 duplexes in same community     available from another seller - also $215K per - Solid opportunity to own a complete subdivision of duplexes.

25.   21 units - MF - central location in Ft Worth. Right off I-30….Recently updated - $2.1M



FLAT FEE MLS LISTING (100s of Internet Sites) - $150 – GREAT WAY TO LIST FOR SALE AND FOR LEASE PROPERTIES 


I offer a Flat Fee MLS service to list your investment property or unit for rent on MLS. First listing is a flat $150 and each listing after is $125. The flat fee gets the property on MLS and all the sites that pull feeds from those sources. Great exposure for your property. If you would like information on this program, please call or email.



FULL SERVICE LISTING - 1% Listing Fee

If you need more than the MLS Flat Fee service, I will be offering Full Service listing for only 1% on the listing side (still reserve 2-3% for buyer broker). Reduced commission but full representation of photos, signs, lockbox, negotiations, etc.




Please call/email for details.

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). 









Texas Income property, duplexes, 4-plexes, apartment complex, quad plex, quads, duplex, single family investment, Dallas Real Estate, Fort Worth Real Estate, DFW income property

Tuesday, November 29, 2011

December Cash Flow Property List for 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.

Below are links to the properties for the DECEMBER 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. Duplexes in Keller ISD - $210,000 – good rents and fall in good school district
2. 7 unit property – houses environmental need tenants – much higher rents, good area, onsite mgmt runs all - $910,000 - Dallas
3. 40 units in downtown McKinney - $1.75M – REDUCED
4. 14 units Central Ft Worth (I-30/Camp Bowie) - $499K – 9% Cap
5. 19 Units in Garland – 9.5% Cap - $510,000
6. 15 units next to UNT in Denton – NOW $399K – bank owned
7. 76 unit RV Park – Bryan/College Station - $1,100,000 – 10% Cap on Actuals
8. 32 units in Waco, TX - $1,100,000 – 10% Cap
9. Three duplexes for sale - $99,000 each or $385K for package – solid rents in place


SINGLE FAMILY (Priced below market, good rentable communities and good schools) – just a sampling of what is out there

1. Keller ISD – 2900 sqft - $149,500
2. Keller ISD – 3400 sqft - $135,000
3. Keller ISD – 2900 sqft - $135,000
4. Keller ISD – 2600 sqft - $139,000
5. Keller ISD – 3470 sqft - $140,000
6. Mansfield ISD – 2500 sqft - $145,000
7. Mansfield ISD – 3077 sqft - $175,000
8. Mansfield ISD – 3130 sqft - $138,000
9. Plano ISD – 1750 sqft - $110,000
10. Plano ISD – 2075 sqft - $120,000
11. Plano ISD – 2115 sqft - $135,000
12. Plano ISD – 2800 sqft - $180,000

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.


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

Monday, November 14, 2011

Mid November List of DFW Multi-Family Properties

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-NOVEMBER 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. 64 units in Mansfield - $2M – 8% cap, upside
2. 7 unit property – houses environmental need tenants – much higher rents, good area, onsite mgmt runs all - $910,000 - Dallas
3. 49 units – central Ft Worth Cultural Area - $1.795M – 92% occupancy – very stable area
4. 28 units in Central Dallas - $1.1M – 8% Cap
5. REO Bulk Property Deals and Notes – Commercial Nationwide Single, Multi Family & Hotels direct to Sellers – these move fast
6. 13 units in Desoto - $425,000 – 10% Cap – solid property, backs to church and school
7. 40 units in downtown McKinney - $1.75M – REDUCED
8. 19 units in Waxahachie – $660,000 – 11% Cap
9. 7 units in Central Ft Worth - $365,000 – Class A Area.
10. 14 units Central Ft Worth (I-30/Camp Bowie) - $499K – 9% Cap
11. 19 Units in Garland – 9.5% Cap - $510,000
12. 15 units next to UNT in Denton – NOW $399K – bank owned
13. 2nd 15 units next to UNT in Denton – NOW $399K – bank owned
14. Cash flow duplex in White Settlement – Year 2008 Build - $165K price - $1950 monthly rent



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