Portfolio of 7 newly renovated and cash flowing single family rental homes

3511 Bonita Vista Cir Mesquite, TX 75150

3511 Bonita Vista Cir, Mesquite, TX, 75150
Portfolio
3511 Bonita Vista Cir, Mesquite, TX, 75150 3511 Bonita Vista Cir, Mesquite, TX, 75150 3511 Bonita Vista Cir, Mesquite, TX, 75150 3511 Bonita Vista Cir, Mesquite, TX, 75150 3511 Bonita Vista Cir, Mesquite, TX, 75150 3511 Bonita Vista Cir, Mesquite, TX, 75150 3511 Bonita Vista Cir, Mesquite, TX, 75150 3511 Bonita Vista Cir, Mesquite, TX, 75150
FOR SALE
Property Type:
Other Residential
Amount:
$1,500,000
Cap Rate:
6.00%
Last Verified:
Aug 22, 2018

The offering is a portfolio of seven (7) newly renovated and cash flowing single family rental homes located in two cities in the Dallas Fort Worth Metroplex. Six (6) of the homes are in Mesquite, TX and one (1) home is in Euless, TX. All the homes are in solid working-class neighborhoods.


The properties were built between 1955 and 1966. The total building square footage is approximately 9,562. Tenants are responsible for all utilities and landscaping.


Over $317,000 ($45,286/home) has been spent in capital improvements. Three (3) roofs and four (4) HVAC systems were replaced during the renovations. All the homes had foundation work performed and have transferable lifetime warranties. The hot water heaters were replaced in all the homes. Kitchen cabinets were replaced in five (5) homes. All the kitchens have granite countertops, tile backsplashes and stainless-steel appliances.


Additional URLs

Map of 3511 Bonita Vista Cir, Mesquite, TX, 75150

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