1121 Jameson ST Weatherford, TX 76086
51,520 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 51,520 sqft
Price per Sqft $100
Subdivision Smaller Sub
MLS Listing ID 21405728
Construction Status Resale
HOA Y/N No
Year Built 1973
Annual Tax Amount $83,674
Lot Size 4.050 Acres
Acres 4.05
Property Sub-Type Apartment
Property Description
The property includes a mix of 1BR, 2BR and 3BR units and is operated on an all-bills-paid basis. Major capital items have already been addressed, including TPO roofs, replacement of Federal Pacific0Stab-Lok electrical panels, pool improvements and recent parking lot resurfacing. Individual HVAC systems and central tankless hot water further reduce the scope of the remaining business plan.
Current rents remain below comparable properties, providing an opportunity to increase revenue gradually as units turn while maintaining an attractive affordability position. Remaining improvements are primarily tenant-facing items such as selective LVP flooring, cabinet hardware and bathroom mirrors.
The property also has existing Freddie Mac financing at a 6.59% fixed rate with interest-only payments through March 2028, potentially assumable subject to lender approval and buyer qualification.
Contact broker for OM, financials, rent roll and access to the property deal room.
Location
State TX
County Parker
Community Laundry Facilities, Community Mailbox
Direction Use GPS
Interior
Interior Features High Speed Internet, Cable TV
Heating Central
Cooling Central Air
Flooring Carpet, Linoleum, Tile
Fireplace No
Window Features Window Coverings
Appliance Gas Range, Refrigerator
Exterior
Parking Features Asphalt, Open
Pool Fenced, Gunite, In Ground, Outdoor Pool, Pool
Community Features Laundry Facilities, Community Mailbox
Utilities Available Electricity Connected, Natural Gas Available, Sewer Available, Water Available, Cable Available
Roof Type Flat
Total Parking Spaces 100
Garage No
Private Pool No
Building
Lot Description Acreage
Foundation Slab
Sewer Public Sewer
Level or Stories Two
Construction Status Resale
Schools
Elementary Schools Crockett
Middle Schools Tison
High Schools Weatherford
School District Weatherford Isd
Others
Senior Community No
Tax ID R000047582
Acceptable Financing Assumable, Cash, Conventional, 1031 Exchange
Listing Terms Assumable, Cash, Conventional, 1031 Exchange
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21405728