520 Deshong Dr | Paris, TX 75460
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- LoopNet Team
520 Deshong Dr
Paris, TX 75460
Meadowview Apartments · Multifamily Property For Sale · 35 Units
Investment Highlights
- $580,000 invested in the past 3 years for modernized units with upgraded features, attracting tenants seeking enhanced living spaces.
- Currently 100% occupied with a waiting list, offering immediate cash flow. Potential for increased revenue through rent adjustments.
- Opportunity for new ownership to boost income through additional charges or revenue streams
- Prime location positioned on 1.35 acres near major area employers
- Located within an Opportunity Zone, offering potential tax benefits for buyers.
PROPERTY FACTS
| No. Units | 35 | Lot Size | 1.35 AC |
| Property Type | Multifamily | Building Size | 19,400 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1960 |
| Building Class | C |
| No. Units | 35 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 1.35 AC |
| Building Size | 19,400 SF |
| No. Stories | 2 |
| Year Built | 1960 |
Unit Amenities
- Air Conditioning
Site Amenities
- Laundry Facilities
- Property Manager on Site
PROPERTY TAXES
| Parcel Number | 107443 | Improvements Assessment | $453,570 |
| Land Assessment | $101,440 | Total Assessment | $555,010 |
PROPERTY TAXES
Parcel Number
107443
Land Assessment
$101,440
Improvements Assessment
$453,570
Total Assessment
$555,010
zoning
| Zoning Code | B1 (Multi-Family Residential) |
| B1 (Multi-Family Residential) |
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