9-Home Investment Package

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Description

This investment package features nine homes located within the city limits of Paris, Texas. Professionally managed by Nathan Bell Property Management Company. Strong cash flow with modest rents and quality tenants in place.


Paris is the county seat of Lamar County, Texas and is about 90 miles northeast from the Dallas - Ft. Worth metro-plex. The most recent census data puts the population at 25,000 for the City and 50,000 for the entire county.


Local Information: https://www.paristexas.com

Pricing

$375,000 

Location

Address: All homes located inside Loop 286. 

Details:

  • 9 Single Family Residences
  • Annual Operating Income: $62,160.48
  • Capitalization Rate (CAP): 10.46%
  • Cash on Cash Return (ROI): 20.37%
  • Professionally Managed

Disclosure

Owner holds an active Texas real estate license and is acting in his own behalf.

Contact

Matthew C. Armstrong, CAI, ALC

Broker / Auctioneer

(903) 905-2999

Downloads

The information contained on this website has been obtained from sources believed to be reliable and is believed to be correct, but the owners and brokers do not guarantee its accuracy. All distances, sizes, capacities, and similar measurements and figures are approximate. All information about properties should be independently verified by interested purchasers.