7311 Fm 1886Azle, TX76020
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Introducing Cabins at Rocky Top – a premier investment opportunity in Azle, Texas. This distinguished 10-acre property features a nearly fully-leased cabin community, offering a rare combination of immediate cash flow and significant growth potential. With its mix of one-story and loft-style units, this development caters to a diverse tenant base seeking the allure of cabin living with modern conveniences. Investment Highlights: Land Size: 10.004 Acres Total Units: 12 (6 One-Story, 6 Two-Story Lofts) Leasing Office: On-site for management and tenant services Occupancy: 92% leased, providing immediate revenue Future Expansion: 2 additional cleared sites ready for development Unit Specifications: One-Story Units: 1,270 sq. ft., 3 bed 2 bath, fully-equipped kitchen, laundry, dining Loft Units: 1,670 sq. ft., 3 bed 2 bath, two-level living, premium features Construction: High-quality materials for durability and reduced maintenance costs
3 weeks ago | Listing updated with changes from the MLS® | |
9 months ago | Price changed to $3,750,000 | |
11 months ago | Listing first seen on site |
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Data Last Updated: 2024-10-15 02:30 PM CDT
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