THIS PROPERTY IS A PORTFOLIO SALE WITH MLS #14447780 A diamond in the rough investment property in heart of New Boston. Pepper Tree apartments is a Value add investment opportunity that has consistently maintain over 95% occupancy and is minutes away from interstate 30 and major shopping. This 24 units two story complex consisting of two building was built in 1982. The property feature a all 24 two bedrooms recently renovated and each individually metered for electric with surface parking. Rental increases have not been made to keep up with the market rent and the property is currently self managed.
Listing courtesy of NTREIS / Coldwell Banker Realty
Last checked:
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Last updated Apr 21, 2024
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MLS# 14447776 —
The Building
Year Built:
1982
Year Built Details:
Preowned
Accessibility Features:
No
Roof:
Composition
Foundation Details:
Slab
Stories:
2
Levels:
Two
Construction Materials:
Siding, Stucco, Wood
Building Area Total:
11336.00
Building Area Source:
Assessor
Interior
Interior Features:
Cable TV Available
Room Dimensions
Living Area:
11336.00
Location
Directions:
From East Bound 1-30, exit S or state Hwy 8 and Rt on McCoy Blvd and right turn on Alford Drive
Latitude:
33.44303900
Longitude:
-94.41356700
The Property
Property Type:
Residential Income
Property Subtype:
Apartment
Property Attached:
No
Parcel Number:
26140047200
Lot Size:
.5 to < 1 Acre
Lot Size SqFt:
25264.8000
Lot Size Acres:
0.5800
Lot Size Area:
0.5800
Lot Size Units:
Acres
# of Buildings:
2
Will Subdivide:
No
Listing Agent
Contact info:
No listing contact info available
Taxes
Tax Block:
491
Tax Legal Description:
W F THOMPSON A-565 PEPPER TREE APTS 2017-1628
Beds
Bedrooms Total:
2
Baths
Full Baths:
1
The Listing
Buyer's Brokerage Compensation:
3
Heating & Cooling
Heating:
Central, Electric
Cooling:
Central Air, Electric
Utilities
Utilities:
City Sewer, City Water, Concrete
Appliances
Appliances:
Dishwasher, Disposal, Electric Range, Refrigerator
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date
Event
Source
Price
% Change
12/23/20
Dec 23, 2020
Sold
NTREIS
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Multifamily
Sold
on 12/23/2020
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Listing provided by broker:
Emmanuel Ikharebha
Coldwell Banker Realty
Listing Agents and Buyer’s Agents represent the two sides of a real estate transaction. As a Seller of a home, your Listing Agent represents your interests and will advise, consult and follow your instructions to sell your property at the best possible price and terms.
If you’re a Buyer, a Buyer’s Agent advises you throughout the transaction, helping you get the best deal and advocating for you. The Buyer’s Agent commission is also paid by the Seller, so the Buyer never sees a bill for their service.
Many first time Buyers believe they can work without a Buyer’s Agent and instead use the same agent as the Seller. When both Buyer and Seller use the same agent, known as “dual agency”, it can sometimes save on fees, but it also puts the agent in a conflict of interest, not fully representing either party.
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Last updated Apr 21, 2024
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