Multi Family Income Producing Portfolio, 10 Parcels; CAP over 13

Harker Heights, TX (Bell County)

Typical Rental Unit
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Asking Price: $450,000

Gross Revenue: $64,138

Price/Sq. Ft.: N/A

NOI: $60,138

Building SF: N/A

FF&E: N/A

Year Built: N/A

Multi Family Income Producing Portfolio, 10 Parcels; CAP over 13

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Property Description

Multifamily Portfolio of 10 income producing properties on 10 parcels of land. Sale of the business means sale of a new LLC which has no liabilities and only has the 10 properties as assets. New owner can assume the marketing name of LaCroix Enterprises Portfolio 2 LLC or name their own LLC entity. Close of sale will include signing over free and clear title to all 10 parcels along with the business, but, this is a Private Placement Offering and NOT a Real Estate transaction. Please visit web site at www.loschicosllc2.com for complete details and financial data. Non disclosure and buyer qualification required for full information package and to view financials. ASK ABOUT Owners other separate Portfolios of additional properties including mobile home park, 5300+sf Executive home, and an additional 15+ Acres of land adjacent to MHP. An additional portfolio includes a convenience store and two hard corner commercial lots directly off the I-14 Freeway at Stillhouse Hollow Park Drive on Simmons Rd.

Attached Documents


Detailed Information

Location:
Harker Heights, TX
Type:
Multi-Family
Building Status:
Established
Facilities:
10 separate properties on 10 separate parcels of land. Each has its own free and clear title. This is the sale of a NEW holding LLC, initially called (for marketing purposes) LaCroix Enterprises Portfolio 2 LLC but can be named any LLC of the purchasers choosing at close of escrow of the sale. BONUS: Owner will provide 2 additional parcel lots, complete with pad and all utilities at NO COST to buyer who will close purchase in LESS than 30 days. Full information available on website at www.loschicosllc2.com. Full data and info requires signing NDA, Disclosure about Mergers and Acquisitions, and completion of Buyer Qualification sheet which includes proof of funds to close. Lot sizes range from 0.169 Acres to a little over 0.5 Acres. Units are 100% occupied on a long term basis with a waiting list.
Financing:
Cash ONLY Transaction
Reason for Selling:
Owner developing a resort community in Panama so liquidating properties here
Current Property Expenses:
Available on website www.loschicosllc2.com after signing NDA and Qualification Questionaire
Location Description:
10 Separate Rental Units on 10 Separate Parcels, each individual parcel with its own Deed. These are located in and around Harker Heights/Nolanville/Killeen in Central Texas. There are 2 BONUS parcels for an early close located in Harker Heights, Texas.
Business Website:
http://www.loschicosllc2.com
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(from currently available funds)
 
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Lloyd Lamere

Property Listed By:
Lloyd Lamere

KELLER WILLIAMS COMMERCIAL, SDNI

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