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    8601 Jacksboro Highway

    Lakeside, TX 76135
    • $2,500,000
    • STATUS: Active
    • ON SITE: 82 days
    • MLS #: 14426461
    UPDATED: 39 min ago
    $2,500,000
    • 0
      BEDS
    • 5.6
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1963
    County:

    School Ratings & Info

    Offered by Kristopher Franks of Franks Realty International.

    Description

    Calling All Value Add Investors! Priced to Sell! What an opportunity to own and manage a beautiful piece of property situated right off of Hwy 199 with around 400 feet of highway frontage!Minutes to Fort Worth! Get Ready, this property includes NINE INCOME PRODUCING FULLY LEASED residential units, 32 mini storage units 60% occupied, a 4000 square foot warehouse (vacant), and Fort Worth's former iconic Vance Godbey's restaurant with over 12000 square feet of dining,banquet rooms and tremendous commercial kitchens(now leasing). Around 2.5 acres of 199 frontage comprising large paved lot and beautiful landscaping. Soaring pole sign included. Pro-Forma annual income is close to 300K. Partial Owner Finance Possible!

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    © 2020 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Star Team | JP & Associates Realtors. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than The Star Team | JP & Associates Realtors are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-11-24T06:39:55.573.
    www.viewhomesindallas.com/homes/109627760
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    8601 Jacksboro Highway Lakeside, TX 76135

    • Price: $2,500,000
    • Status: Active
    • Updated: 39 min ago
    • MLS #: 14426461
    0
    Beds
    0
    Baths
    0
    ½ Baths
    5.6
    Acres
    1963
    Built
    Neighborhood:
    J Wilcox Surv Abs 1716
    County:
    Tarrant
    Area:
    FW NW(Eagle Mt.Lk/Riv.Oaks/Azle
    Property Description
    Calling All Value Add Investors! Priced to Sell! What an opportunity to own and manage a beautiful piece of property situated right off of Hwy 199 with around 400 feet of highway frontage!Minutes to Fort Worth! Get Ready, this property includes NINE INCOME PRODUCING FULLY LEASED residential units, 32 mini storage units 60% occupied, a 4000 square foot warehouse (vacant), and Fort Worth's former iconic Vance Godbey's restaurant with over 12000 square feet of dining,banquet rooms and tremendous commercial kitchens(now leasing). Around 2.5 acres of 199 frontage comprising large paved lot and beautiful landscaping. Soaring pole sign included. Pro-Forma annual income is close to 300K. Partial Owner Finance Possible!
    Exterior Features

    Construction BlockBrickConcreteFrame/Brick TrimGlassMetalRock/StoneSteelWood Construction Materials Walls BrickCement BlockMetalPlasterTexture Foundation Pier & BeamSlab Freight Doors Dock/GradeLoading Dock Lake Name Eagle Mountain Parking Or Garage Common Lot Road Frontage Distance 336 Road Frontage Type CityConcreteState Roof CompositionMetalOther Topography ClearedVaried Waterfront YN No

    Interior Features

    Ceiling Height 11 To 14 Feet8 To10 Feet Commercial Features Cooler/FreezerFire AlarmFloor DrainsInside StorageLiving AreasLoading DockMulti-UserOutside StorageSecurity Lighting Flooring Brick/AdobeCeramic TileConcreteLaminateOtherWood Heating Additional Water Heater(S)Central Air-ElecCentral Heat-Gas Sq Ft Building 30140 Sq Ft Gross 30140 Sq Ft Leasable 12000

    Property Features

    Alarm Or Security Type Exterior Security Light(S)Smoke Detector Average Monthly Lease 9000 Building Area Source Owner Building Use Bar/TavernsFood ServiceIndustrialOtherRestaurantStorage Warehouse Business Name Vance Godbeys Commercial Zoning Commerc Construction Status Preowned Gross Annual Expenses 54000 Gross Annual Income 117000 Inclusions Land & Improvements Income Expense Source Owner Leasable Spaces 2 Lease Terms 60 Months Lot Size Source Other Documentation Max Lease Rate 9.00 Min Lease Rate 9.00 Multi Zoning Yes Municipal Utility District No Net Annual Income 63000 Owner Pays Common AreaElectricGasInsuranceLawn Care Possession Closing/Funding Property Type Com-Sale Or Lease (Either) Proposed Financing CashConventionalOwner Carry FirstOwner Carry Second Special Notes Aerial Photo Tenant Pays ElectricGas Total Annual Expenses Include Common AreaElectricGasInsuranceLawn CareMaintenanceSuppliesTaxesWater/Sewer/Trash Unexempt Taxes 27000 Utilities Master Gas MeterOverhead UtilitiesPrivate SewerPrivate WaterSepticWell Will Subdivide No

    Listing information © 2020 North Texas Real Estate Information System.


    © 2020 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Star Team | JP & Associates Realtors. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than The Star Team | JP & Associates Realtors are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-11-24T06:39:55.573.
     
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    The Star Team | JP & Associates Realtors
    2615 E. Southlake Blvd., Suite 150
    Southlake TX, 76092
    Offered by Kristopher Franks of Franks Realty International.