1117 Lakestream Drive

Incredible investment opportunity to purchase a diverse portfolio of 5 tenant occupied homes in Plano, Dallas, Richardson, and Farmers Branch! Currently occupied by a sober living facility, current owner is looking to sell and lease back for minimum of 3-5 years with increased rents to new owner. 4% cap rate minimally with a net income of over $150, 000 annually. Property values in DFW are projected to increase by 12%! Don't miss this opportunity. Addresses are 1117 Lakestream Drive 75075, 4445 Burnhill Drive, Plano TX 75074, 23 Grant Circle, Richardson TX 75081, 10219 Sunridge Trail, Dallas TX 75243, 13375 Glenside Drive, Farmers Branch 75234. Do not disturb tenants.

• Full Baths:14
• Half Baths:4
• Lot Size:9148 sq ft lot
• Year Built:1992
• Type:Residential Income
• Sub Type:Multi Family
• Listing Status:For Sale
• Listing #:20055152
• Street Address:1117 Lakestream Drive
• County/Area:Collin County
• Subdivision/Neighborhood:Creekbend Estates Ph 1

Features

• Stories:2 Story
• Garage:Yes, 9-Car
• Parking Spaces:9
• Utilities:City Sewer, City Water

Schools

• School District:Plano ISD
• Elementary School:Harrington
• Middle School:Carpenter
• High School:Plano Senior

Additional Information

• Units:5 units
• Area:All Areas
• Appliances:Dishwasher, Disposal, Dryer, Electric Cooktop, Gas Water Heater, Convection Oven, Double Oven, Plumbed For Ice Maker, Refrigerator, Water Filter
• Building Area Source:Assessor
• Building Area Total:15190.00
• Complex Name:Sober Living Portfolio
• Construction Materials:Concrete
• Cooling:Electric, Gas
• Country:United States
• Directions:From 75 To Park, Go West To Alma. Left To Lakestream. Left To #1117 From Dtr East To Parker To Garner Right To Lakestream .
• Flooring:Carpet, Tile, Wood
• Foundation Details:Slab
• Gross Annual Expenses:72609.00
• Gross Annual Income:168000.00
• Heating:Central, Natural Gas
• Insurance Expense:13224
• Interior Features:Cable TV Available, Flat Screen Wiring, High Speed Internet Available, Sound System Wiring, Vaulted Ceiling(S)
• Lot Size Area:0.2100
• Lot Size Square Feet:9147.6000
• Lot Size Units:Acres
• Main Type:Residential Income
• Number Of Buildings:5
• Parking Features:Garage
• Roof:Composition
• Will Subdivide:Yes