Introducing Rocky Top Multi Fami– a premier investment opportunity in Azle, Texas. This distinguished 10-acre property features a fully-leased cabin community, offering a rare combination of immediate cash flow and significant growth potential. With its mix of one-story and loft-style units, this development caters to a diverse tenant base seeking the allure of cabin living with modern conveniences.

Investment Highlights:

Address: 7311 FM 1886, Azle, TX 76020

Land Size: 10.004 Acres

Total Units: 12 (6 One-Story, 6 Two-Story Lofts)

Leasing Office: On-site for management and tenant services

Occupancy: 100% of units currently leased, providing immediate revenue

Future Expansion: 2 additional cleared sites ready for development

Unit Specifications:

One-Story Units: 1,400 sq. ft., 3 bed/2 bath, fully-equipped kitchen, laundry, dining

Loft Units: 1,600 sq. ft., 3 bed/2 bath, two-level living, premium features

Construction: High-quality materials for durability and reduced maintenance costs

Investor Benefits:

Stable Cash Flow: With 100% units already leased, investors benefit from a steady income stream from day one.

Growth Potential: Opportunity to expand and enhance the community with additional units or amenities.

Desirable Location: Azle, TX, combines the appeal of rural living with proximity to urban centers, attracting a wide range of tenants.

Community Appeal: The layout fosters a communal atmosphere while preserving individual privacy, enhancing tenant satisfaction and retention.

Market Outlook: The Azle area is experiencing rapid growth, making this an opportune time to invest in a property with established revenue and expansion potential. Rocky Top represents a unique proposition in the market, combining the charm of cabin living with the convenience of modern amenities, appealing to a broad tenant demographic.

10.004 AC

$3,900,000