705-715 W Crawford St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
705-715 W Crawford St
6 Unit Block of Flats £825,619 (£137,603/Unit) 6.09% Net Initial Yield Denison, TX 75020
Investment Highlights
- 4 of the 6 units have undergone a renovation. Remaining 2 junits can be remodeled and brought to higher rents.
- Denison has a historic, suburban charm with a rising economy and highly rated schools. Also considered an affordable place to raise a family and is
- A unique bundle of townhomes near the highway, with an skilled & affordable, local property manager in place.
Executive Summary
Unique bundle of 6 connected townhomes (Units #705-715) with instant upside potential! At The Sevens, 4 of the 6 units have been fully remodeled with flooring, appliances, paint and other updates. All rents were raised a little over a year ago on the renovated units. Lower rents still apply on the 2 non-renovated units. All 6 units have a large two car garage on the backside of the homes. 5 units are 2 bedrooms, 2.5 bathrooms. 1 unit is 3 bedrooms, 3.5 bathrooms. Please contact the listing agent for information and offer submissions.
Located in prime Denison! Owners live out of town and use a local property manager to oversee operations.
Site managed by a local property management company. All units are leased to residential tenants. Do not disturb tenants. Unit showings will only be granted after receipt of an acceptable LOI or offer. Co-Listing agent is a party to the selling company & related to the other members. Please send all questions & offers to the listing agent, Colton Tapp at colton.tapp@integrityplusre.com. Buyers & buyers agents to verify all information contained herein.
Located in prime Denison! Owners live out of town and use a local property manager to oversee operations.
Site managed by a local property management company. All units are leased to residential tenants. Do not disturb tenants. Unit showings will only be granted after receipt of an acceptable LOI or offer. Co-Listing agent is a party to the selling company & related to the other members. Please send all questions & offers to the listing agent, Colton Tapp at colton.tapp@integrityplusre.com. Buyers & buyers agents to verify all information contained herein.
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£75,143
|
£10.01
|
| Other Income |
-
|
-
|
| Vacancy Loss |
£3,988
|
£0.53
|
| Effective Gross Income |
£71,155
|
£9.48
|
| Taxes |
£7,498
|
£1.00
|
| Operating Expenses |
£20,150
|
£2.68
|
| Total Expenses |
£27,648
|
£3.68
|
| Net Operating Income |
£43,507
|
£5.79
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | £75,143 |
| Annual Per SF | £10.01 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | £3,988 |
| Annual Per SF | £0.53 |
| Effective Gross Income | |
|---|---|
| Annual | £71,155 |
| Annual Per SF | £9.48 |
| Taxes | |
|---|---|
| Annual | £7,498 |
| Annual Per SF | £1.00 |
| Operating Expenses | |
|---|---|
| Annual | £20,150 |
| Annual Per SF | £2.68 |
| Total Expenses | |
|---|---|
| Annual | £27,648 |
| Annual Per SF | £3.68 |
| Net Operating Income | |
|---|---|
| Annual | £43,507 |
| Annual Per SF | £5.79 |
Property Facts
| Price | £825,619 | Building Class | C |
| Price Per Unit | £137,603 | Lot Size | 0.37 AC |
| Sale Type | Investment | Building Size | 7,508 SF |
| Net Initial Yield | 6.09% | Average Occupancy | 100% |
| No. Units | 6 | Number of Floors | 2 |
| Property Type | Residential | Year Built | 1986 |
| Property Subtype | Apartment | Parking Ratio | 1.6/1,000 SF |
| Apartment Style | Townhome | Opportunity Zone |
Yes
|
| Price | £825,619 |
| Price Per Unit | £137,603 |
| Sale Type | Investment |
| Net Initial Yield | 6.09% |
| No. Units | 6 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 7,508 SF |
| Average Occupancy | 100% |
| Number of Floors | 2 |
| Year Built | 1986 |
| Parking Ratio | 1.6/1,000 SF |
| Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Wheelchair Accessible (Rooms)
Site Amenities
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+2.5 | 5 | £1,157 | 1,200 - 1,250 |
| 3+3.5 | 1 | £1,276 | 1,300 - 1,350 |
1 of 1
Walk Score ®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 142900 | Total Assessment | £686,218 |
| Land Assessment | £118,910 | Annual Taxes | £7,498 (£1.00/sf) |
| Improvements Assessment | £567,308 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
142900
Land Assessment
£118,910
Improvements Assessment
£567,308
Total Assessment
£686,218
Annual Taxes
£7,498 (£1.00/sf)
Tax Year
2024
1 of 15
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
705-715 W Crawford St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.