Description
CALL FOR OFFERS. 2.8.23. WEDNESDAY, 5 PM. Investor GEM. If you know... you know. Location, land value, and excellent resident retention. Ready to cash flow! The Fontaine Apartments. 20 units total, 15 completed updated, 5 some updates (long term residents). All 1 bed 1 bath. Close to Magnolia District, TCU, and public transportation. Fully renovated boutique style community. All brand new flooring, tile, paint, and fixtures!!! Great sized bedroom and bathroom, plenty of storage and walk in closet space in each unit! Large windows allow for plenty of natural light. Most kitchens have all new stainless steel appliances and nook area. Retro-feel community designed with modern landscaping and washer, dryer on site. Many residents RUBS. Attached docs with complete list of updates and financials. MAJOR work Exterior (2020) Electric, new wiring and panel(2020) Mini Split HVACs(2021) Plumbing(2022) Cosmetic Renovations done over last 3 years. Offering Memoradum available from Judy Andujar.
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20BEDS
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0.34ACRES
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20BATHS
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01/2 BATHS
School Information
Description
CALL FOR OFFERS. 2.8.23. WEDNESDAY, 5 PM. Investor GEM. If you know... you know. Location, land value, and excellent resident retention. Ready to cash flow! The Fontaine Apartments. 20 units total, 15 completed updated, 5 some updates (long term residents). All 1 bed 1 bath. Close to Magnolia District, TCU, and public transportation. Fully renovated boutique style community. All brand new flooring, tile, paint, and fixtures!!! Great sized bedroom and bathroom, plenty of storage and walk in closet space in each unit! Large windows allow for plenty of natural light. Most kitchens have all new stainless steel appliances and nook area. Retro-feel community designed with modern landscaping and washer, dryer on site. Many residents RUBS. Attached docs with complete list of updates and financials. MAJOR work Exterior (2020) Electric, new wiring and panel(2020) Mini Split HVACs(2021) Plumbing(2022) Cosmetic Renovations done over last 3 years. Offering Memoradum available from Judy Andujar.
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