Deniz Yalmaz
Ultima Real Estate
License number: 0540137 mobile: 817-233-0249
e-mail: deniz@intelrealty.com
www.intelrealty.com
5220 Spring Valley Rd #160, Dallas, TX 75254
Ultima Real Estate
License number: 0540137 mobile: 817-233-0249
e-mail: deniz@intelrealty.com
www.intelrealty.com
5220 Spring Valley Rd #160, Dallas, TX 75254
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![]() Ultima Real Estate License number: 0540137 mobile: 817-233-0249 www.intelrealty.com 5220 Spring Valley Rd #160 Dallas, TX 75254 |
723 Marsnhall Street, Franklin, Texas 77856, USA
MLS#:
21243947
Property Type:
Residential For Sale, Apartment
Land size:
1.4 sqft (0.13 m2)
Building Size:
20,080 sqft (1,865.4 m2)
- 48 bedrooms
- 32 full baths
2008
Year Built:
Building or Complex name: 722 N Sharp St
Location:
Brick
Construction:
Resale
Condition:
Refrigerator, Dishwasher, Microwave, Disposal
Appliances:
Laminate
Floors:
Window Coverings
Windows:
City Water, City sewer, Individual Water Meter
Utilities:
Central, Electric
Heating System:
Central, Electric
Cooling System:
On Slab
Basement and Foundation:
composition
Roofing:
Wood
Fencing:
32
Number of parking spaces:
417
School District:
Reynolds
Elementary School:
Franklin
High School:
Franklin
Middle School:
Attractive and well-maintained 16-unit multifamily investment in Franklin, TX consisting of 8 duplexes with a hard-to-find all 3-bedroom, 2-bath layout and limited competing inventory, supporting strong and consistent tenant demand. Located within 20 minutes of Bryan-College Station with access to nearby manufacturing and industrial employment.
Fully leased and producing immediate cash flow. Tenants pay utilities, helping maintain efficient operating margins. Nearly $200K in capital improvements completed, including new roofs and gutters, HVAC upgrades, and interior renovations, reducing near-term capital needs.
Current rents range from $1,300 to $1,400, generating approximately $190K–$200K NOI. Additional upside through continued rent growth, washer and dryer installation (connections in place), and further interior and site enhancements. On-site management and vendor relationships in place, providing for a smooth transition and ease of ownership.
Listing by: Texas Ally Real Estate Group
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