Collin Duke - Coldwell Banker Apex Realtors
1008 Springbrook Dr
DeSoto, TX 75115

$2,200,000

Description

ONE OF A KIND TURNKEY 5 RESIDENTIAL GROUP HOMES OPPORTUNITY. 5 Fully operational Group Homes for Sale. 3 Homes located on one cul-de-sac in quiet Desoto neighborhood. The largest of the Homes is licensed for 16 residents. 1 Lancaster Home & 1 Dallas Home both licensed for 8 Residents and accepts Medicaid Recipients which attracts Move-Ins directly from Hospital and Skilled Nursing Facility Discharge Planners. All homes combined are currently operating at a 40% Profit Margin. All 5 Homes, Staff, Equipment, Vehicle & Furniture $2,200,000. Current Monthly Net Approx $26,760.00. Owners have been in the business for over 20 years and ready to retire.

Details

MLS#13812695
Sub-TypeResale
StatusActive
Year1983
Days On Site254

Features

SQ Feet3,727
Story(s)1
Units5
ZoningRES

Market Activity 75115

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Area Information

StateTX
CountyDallas
CityDeSoto
Zip Code75115
AreaDESOTO AREA (2)
Listing VS Median (in 75115)
Price:
$2,200,000
low | high
Med:
$225,000
100% of Average
SqFt:
3,727
low | high
Med:
2,375
86.289240676147% of Average
$ / SqFt:
$590
low | high
Med:
$96
100% of Average
On Site:
254
low | high
Med:
21
100% of Average
Listing Updated: 12/15/2018
MLS Number: 13812695
Listing Provided By:
Chris Williams  of  Texas Urban Living Realty

All information provided by seller and is deemed to be correct, but is not guaranteed.  Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.