114 Units of Shaded Bliss Location in North TX.
Easy loop access to shopping, close to schools, medical offices right across the street. Quiet area surrounded by nice established subdivision. Variety of floor plans to choose from 1,2,&3 bedroom units. 2 on-site laundry facilities, in ground pool, and tennis court. Security entry gate and 24 hr cameras.

Site Description


Price $2.900,000
Number of Units 114
Price/Unit $25,430.00
Rentable Square Feet 111,379
Price/SF $26.04
Gross Income $460,167.14
Other income $ 26, 640 (laundry..)
NOI: $253,236
CAP Rate- Current 8.73%
Occupancy 86%
Number of Buildings: 10 Buildings
Year Built: 1978
Lot Size 4.784 Acres

Feel free to contact me for more details,

Principal only**

Building Wealth through Investing

Sincerely, 

Nathan Malka                                                    
Gables Property
17762 Preston Road
Ste # 111
Dallas, TX 75252
Direct: 214-247-6327
Cell:    214-418-4335
E-Fax: 866-472-9752

Views: 114

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Comment by Mike Tanner on January 29, 2018 at 8:09am

OFF MARKET REAL ESTATE, TEXAS, LOUISIANA, AND OKLAHOMA, LAND FOR DEVELOPMENT , SENIOR LIVING, HOTEL'S, CONDO'S, MIXED USE, CONVERSIONS , CONDO'S, AND MORE. MIKE TANNER <MIKETANNER55@GMAIL.COM> 504-393-6343

Comment by Terra Coleman on July 13, 2016 at 2:46pm

Greeting!! If you have a client who is interest, we offer a NON-Recourse Funding, Residential Funding and Hard Money. NON-RECOURSE ALTERNATIVE BOND FUNDING PROGRAM UP TO 100% LTV FINANCING & NO RESTRICTIONS ONLY 2.5% DOWN w/NO FICO OR PERSONAL GUARANTEE LOAN AMOUNT $1MM-$500MM++ TERRITORY: WORLDWIDE CLOSING TIMELINE- OFTEN AS LESS THAN 90 DAYS (U.S.) 4.5% TO 8.5% PER ANNUAL INTEREST UP TO 30 YEARS AMORTIZATION ONCE PROJECT IS "CASH FLOWING", INTEREST ONLY DURING CONSTRUCTION FLEXIBLE REPAYMENT TERMS

RESIDENTIAL FUNDING REAL ESTATE TRANSACTION HIGHLIGHTS: * 100% Financing & No LTV Restrictions * Purchase, Purchase/Rehab, Refinance: No Cash Out * Refinance/Rehab: Debt Consolidation * Construction * 30 Year Term, No Pre-Payment Penalty * Approximately (+/-) 1% Fixed Rate. No Rate Restriction * No Credit Check (FICO): Asset Based * Minimum Loan Amount is: $350,000.00 and upward. No maximum * 2nd Home/Vacation Home is underwritten case by case Please do not hesitate to contact me if you any questions or want more information. Best Regards, Terra Joy Coleman, Ed.D.

Comment by Mike Tanner on July 3, 2016 at 9:51am

Nathan , email Mike Tanner at <MikeTanner55@gmail.com> 469-579-1245

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