
Description
The Onyx Legacy Group is proud to announce our newest listing the Melody Lane Apartments, located at 106 Melody Lane Wills Point, TX. Approximately 50 mins from downtown Dallas. This 16-unit apartment building was built in 1975, on a 1.16-acre property consisting of 2 buildings housing 8 units in each building. All of the units are identical in size, consisting of 16 2-bedroom 1-bath units at approximately 838sf each. Current ownership has done some interior capex to units as they come vacant. The next investor can continue this path by improving not only the interior as well as the exterior of the property. Current ownership plans to begin billing back a fixed amount of $12 monthly for water expenses. Reported Ability to Build 8 an Additional Units on The Property. The next owner can also include property signage that is visible from Highway 64 (Corky Boyd RD).COURTLAND CHARLES FOR ALL QUESTIONS & INQUIRIES at Two One Four, Four Zero Three, Nine One Five Three.
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32BEDS
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1.16ACRES
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16BATHS
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01/2 BATHS
Description
The Onyx Legacy Group is proud to announce our newest listing the Melody Lane Apartments, located at 106 Melody Lane Wills Point, TX. Approximately 50 mins from downtown Dallas. This 16-unit apartment building was built in 1975, on a 1.16-acre property consisting of 2 buildings housing 8 units in each building. All of the units are identical in size, consisting of 16 2-bedroom 1-bath units at approximately 838sf each. Current ownership has done some interior capex to units as they come vacant. The next investor can continue this path by improving not only the interior as well as the exterior of the property. Current ownership plans to begin billing back a fixed amount of $12 monthly for water expenses. Reported Ability to Build 8 an Additional Units on The Property. The next owner can also include property signage that is visible from Highway 64 (Corky Boyd RD).COURTLAND CHARLES FOR ALL QUESTIONS & INQUIRIES at Two One Four, Four Zero Three, Nine One Five Three.
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