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Superior Realty
Atlanta, TX 75551
Phone: 903-244-8370
Email: iampennyb@aol.com

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Sold By Listing Office

305a Highway 59
Queen City, TX 75572

19 units | Multi Family Home - MLS# 97306
Property Photo
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Sold

Description

The Oaks is an extended stay motel on Hwy 59 in Atlanta Tx. which consistently maintains at least a 95% occupancy rate. It has been completely updated and includes 2 2BR units, 10 1BR , and 7 Studios units. The 1 and 2 bedroom units feature a full kitchen and the studios have adeqate kitchen facilities. The roof is 7 years old and other updates are only about 4 years old. Laundry services are provided for a fee. This building is in a very convenient location for tenants and provides much needed temporary living facilities in this area. Utilities are all paid. Owner financing available

Features

  • # Br/Unit 1: 2
  • # Br/Unit 2: 2
  • # Br/Unit 3: 1
  • # Br/Unit 4: 1
  • # Units Occupied: Four Or More
  • Appliances: Refrigerator, Oven/Range
  • Approx Age: 26-40 Yrs
  • Construction: Frame/Brick, Slab
  • Cooling: Individual Controlled
  • County/Area: Cass County
  • Current Taxes Per Year: 9936.86
  • Floors: Carpet, Vinyl
  • Heating: Other /
  • In City Limits: Yes
  • Listing Status: Sold By Listing Office
  • Parking Facility: Paved Area
  • Property Type: Multi Family Home
  • Roof: Composition
  • School District: Queen City
  • Sold Date: 2017-05-23
  • Sold Price: 495000
  • Stories: 2 Story
  • Street: Paved Curb Gutter, State Highway
  • Sub Type: Apartment Complex
  • Units: 19
  • Utilities: Electric-Aep-Swepco, Public Sewer, City Water
  • Utilities Paid: All Utilities Owner Paid
  • Year Built: 1985
  • Zip Code: 75572