1117 Lakestream Drive $2,950,000

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    1117 Lakestream Drive Plano, TX 75075

    • 24 Beds
    • 14.4 Baths
    • 15,190 sq. ft.
    • Multi-Family
    • MLS# 20055152
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    Property Details

    Description Tours

    Incredible investment opportunity to purchase a diverse portfolio of 5 tenant occupied homes in Plano, Dallas, Richardson, and Farmers Branch! Currently occupied by a sober living facility, current owner is looking to sell and lease back for 5-10 years with increased rents to new owner. 6.5% cap rate minimally with a net income over $191,000 annually. Property values in DFW are projected to increase by 12%! Don't miss this opportunity. Addresses are 1117 Lakestream Drive 75075, 4445 Burnhill Drive, Plano TX 75074, 23 Grant Circle, Richardson TX 75081, 10219 Sunridge Trail, Dallas TX 75243, 13375 Glenside Drive, Farmers Branch 75234. Do not disturb tenants.

    • General Features
      • Accessibility Features YN No
      • Association Type None
      • Complex Name Sober Living Portfolio
      • Possession Other
      • Special Listing Conditions Standard
      • Subdivision Name Creekbend Estates Ph 1
      • Unexempt Taxes 9691
      • Year Built 1992
    • Building Features
      • Appliances Dishwasher,Disposal,Dryer,Electric Cooktop,Gas Water Heater,Convection Oven,Double Oven,Plumbed for Ice Maker,Refrigerator,Water Filter
      • Basement YN No
      • Bedrooms 24
      • Building Area Total 15190.00
      • Construction Materials Concrete
      • Cooling Electric,Gas
      • Flooring Carpet, Tile, Wood
      • Foundation Details Slab
      • Full Bathrooms 14
      • Half Bathrooms 4
      • Heating Central, Natural Gas
      • Interior Features Cable TV Available, Flat Screen Wiring, High Speed Internet Available, Sound System Wiring, Vaulted Ceiling(s)
      • Levels Two
      • Living Area 15,190
      • Roof Composition
    • Property Features
      • Attached Garage YN Yes
      • Lot Size Acres 0.2100
      • Number Of Buildings 5
      • Number Of Units Total 5
      • Parking Features Garage
      • Pool YN No
      • Property Sub Type Multi Family
      • Utilities City Sewer, City Water
    • Schools
      • School District Plano ISD

    Contact

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    Ebby Halliday Customer Care

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    Office: 972-980-6672
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    Prosperity Home Mortgage, LLC

    Prosperity Home Mortgage, LLC

    When you decide to buy a home or refinance your mortgage, your search should start and end here. At Prosperity Home Mortgage, LLC, we strive to create an extraordinary customer experience through the efforts of knowledgeable and caring mortgage professionals where relationships are valued, and the focus is on treating every client as if they were the only client. Choose a lender you can trust to find the mortgage loan that best suits your needs.

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    ©2022 North Texas Real Estate Information Systems, Inc. All Rights Reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, North Texas Real Estate Information Systems, Inc.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.