Cimmaron Court-6 Unit Residential Condo 6 Flex Condos Offered at $900,000 in Dallas, TX
INVESTMENT HIGHLIGHTS
- Cimmaron Court's six-unit residential condos are fully leased.
- Residents enjoy being near shopping and dinning, plus major highways (Dallas North Tollway & George Bush Hwy).
- Located in the highly ranked Plano school district.
- The gated complex offers modern and well-maintained community features and amenities.
EXECUTIVE SUMMARY
Investors, seize the opportunity to acquire a fully leased, cash-flowing six-unit residential condo package with significant upside potential. Located near major highways, top shopping, and dining, these units are part of a well-maintained complex in the highly rated Plano ISD, ensuring strong tenant appeal. The community features in-house HOA management and desirable amenities, including two pools, making it both attractive and easy to manage.
With all units currently leased, strategic updates could increase rents and boost your returns, with a projected 6% CAP rate post-renovation. Detailed financials, bylaws, and associated documents are available upon request—don’t miss this solid investment opportunity!
With all units currently leased, strategic updates could increase rents and boost your returns, with a projected 6% CAP rate post-renovation. Detailed financials, bylaws, and associated documents are available upon request—don’t miss this solid investment opportunity!
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
PROPERTY FACTS
| Price | $900,000 |
| Price / SF | $244.96 / SF |
| Cap Rate | 4% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 6 |
| Individually For Sale | 0 |
| Total Building Size | 3,674 SF |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Cimarron Court
18333 Roehampton Dr, 2nd Floor - Unit 425, Dallas, TX 75252 |
Flex Condo | 448 SF | 1984 | - |
|
Cimarron Court
18333 Roehampton Dr, 1st Floor - Unit 1117, Dallas, TX 75252 |
Flex Condo | 584 SF | 1984 | - |
|
Cimarron Court
18333 Roehampton Dr, 1st Floor - Unit 214, Dallas, TX 75252 |
Flex Condo | 584 SF | 1984 | - |
|
Cimarron Court
18333 Roehampton Dr, 1st Floor - Unit 513, Dallas, TX 75252 |
Flex Condo | 737 SF | 1984 | - |
|
Cimarron Court
18333 Roehampton Dr, 2nd Floor - Unit #527, Dallas, TX 75252 |
Flex Condo | 737 SF | 1984 | - |
|
Cimarron Court
18333 Roehampton Dr, 2nd Floor - Unit 1125, Dallas, TX 75252 |
Flex Condo | 584 SF | 1984 | - |
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AMENITIES
UNIT AMENITIES
- Balcony
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Washer/Dryer
- Heating
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Clubhouse
- Fenced Lot
- Laundry Facilities
- Pool
- Gated
- Laundry Service
- Package Service
- Sundeck
