Listing provided courtesy of Century 21 First Group- MLS# 21276833MLS ProviderContact Information: Holly Gray - 903-456-3165

518 Oakridge Drive #9 unitsGreenville, TX 75402

Multi-Family · 18 Beds · 18 Full Baths · 1,238 Sq. ft. | 0.07 Acres
$1,950,000 Active

518 Oakridge Drive #9 units Overview

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Nine fully occupied connected townhomes offering an outstanding investment opportunity in a high-demand rental area near L3Harris Technologies and Lamar Elementary School. Seller prefers to sell all nine units together as a package deal and will not divide. Each townhome features 2 bedrooms, 2 bathrooms, a one-car garage, granite countertops, dishwasher, and electric range. Strong tenant appeal due to proximity to major employers, schools, shopping, restaurants, and convenient access to Interstate 30 for commuters traveling into Dallas. Property offers stable occupancy with excellent income-producing potential for investors seeking a turnkey multifamily opportunity. Functional floorplans, low-maintenance features, and desirable location contribute to long-term rental demand. Easy access to retail, dining, and everyday conveniences makes these units attractive for both workforce and family tenants. Excellent opportunity to expand or begin an investment portfolio with a fully leased package in a growing area. Current occupancy provides immediate cash flow with upside potential for future appreciation and rental growth. Rare chance to acquire multiple connected townhomes in one transaction with strong rental history and desirable amenities. Ideal for investors looking for consistent income, strong tenant retention, and a property positioned near employment centers and commuter routes.

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518 Oakridge Drive #9 units Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,238
  • Price/Sq.ft. $1,575
  • Lot 0.07 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Greenville ISD
  • Elementary School: Lamar
  • Middle Or Junior School: Greenville
  • High School: Greenville

Income/Expenses

  • Gross Income: 135000.0
  • Insurance Expense: 21000.0
  • Net Operating Income: 67000.0
  • Operating Expense Includes: Insurance,Maintenance Grounds,Maintenance

Building Information

  • Year Built: 1988
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Hunt
  • Postal City: GREENVILLE
  • Subdivision Name: Oak Ridge Add

Tax Information

  • Tax Annual Amount: 27000.0

General Information

  • Listing Terms: Cash,Conventional,1031 Exchange
  • Parcel Number: 53256
  • Property Type: Residential Income

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 18
  • Bathrooms Half: 0
  • Bathrooms Total: 18
  • Bedrooms Total: 18

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 1238.0

General Information

  • Appliances: Dishwasher,Electric Range,Disposal
  • Basement: No
  • Flooring: Carpet,Vinyl
  • Foundation Details: Slab
  • Interior Features: Eat-in Kitchen,High Speed Internet,Cable TV,Walk-In Closet(s)
  • Levels: One
  • Security Features: Smoke Detector(s)
  • Stories: 1
  • Window Features: Window Coverings

Unit Information

  • Unit Number: 9 units

Exterior

Parking Information

  • Parking Features: Alley Access,Door-Single,Garage,Garage Door Opener
  • Parking Total: 1.0

Lot Information

  • Lot Features: Interior Lot,Landscaped,Level,Few Trees
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3005.64
  • Lot Size Units: Acres
  • Number Of Buildings: 9
  • Road Surface Type: Asphalt
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Brick
  • Patio And Porch Features: Covered
  • Roof: Composition

General Information

  • Carport Spaces: 1.0
  • Carport: Yes
  • Covered Spaces: 1.0
  • Number Of Units Total: 9
  • Pool Features: None
  • Road Frontage Type: All Weather Road
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Electricity Connected,Sewer Available,Water Available,Cable Available

Unit Information

Unit 1 Details

  • Unit Type: 2 Bedroom
  • Units Total: 1

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

518 Oakridge Drive #9 units Market Data

Based on the last 30 days in this zip code

$373,760
Average List Price
$174
Average Price per Square Foot
25
Properties Sold
188
Average Days on Market
225
Properties for Sale
Calculations provided by Reliance Network


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