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212 Stacks Rd

10 Unit Block of Flats £3,015,705 (£301,570/Unit) 5.09% Net Initial Yield Ennis, TX 75119

Investment Highlights

  • Easy Access to Highway
  • 15 mins to Ennis and 35 mins South of Downtown Dallas

Executive Summary

The property is located on 15 acres of land next to a rural cluster of residences in Ellis County, Texas. The Inn is an extended stay solace for the chemically-sensitive EI on the picturesque Texas Bluebonnet Trail in the clear skies of Bristol, Texas only 30 minutes south of downtown Dallas. Conveniently located, it is a 45 minute drive from DFW airport, 30 minutes to Whole Foods and other organic groceries and 15 minutes to Ennis, with shopping and the Ennis Farmer's Market.

Property Facts

Price £3,015,705
Price Per Unit £301,570
Sale Type Investment
Net Initial Yield 5.09%
No. Units 10
Property Type Residential
Property Subtype Apartment
Building Class C
Lot Size 13.28 AC
Building Size 6,300 SF
Number of Floors 1
Year Built 2014
Parking Ratio 4.76/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 10 - 550

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
274719
Land Assessment
£185,373
Improvements Assessment
£654,290
Total Assessment
£839,663

zoning

Zoning Code F1 (Real Commercial)
F1 (Real Commercial)
  • Listing ID: 32986879

  • Date on Market: 28/08/2024

  • Last Updated:

  • Address: 212 Stacks Rd, Ennis, TX 75119

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