1 Country Place Road, Lorena, TX 76655

$524,900
10,132
SqFt
List Price
$524,900
MLS#
WACO-219311
Sq. Ft
10,132
Year Built
1981
Subdivision
Burnwell N

Property Description

Welcome to the Country Place Apartments! These are 100% occupied. There are 8 -2 bedroom 1.5 bath units and 2- 1 bedroom 1 bath units. They are currently bringing in $6310.00 a month in rent but most of the rents are too low for current market and Lorena ISD. Unit 6 was just recently updated and is currently at $895 a month. 4 of the units have their own private storage room and there is a laundry facility that also generates income. One of the septic tanks was just replaced in 2023. 9 of the 10 tenants are on 1 year leases and 1 is month to month. This is a great investment opportunity in Lorena ISD.

Additional Information

Stories
1
Exterior Features
Covered Patio, Deck, Patio
Appliances
Dishwasher, Oven, Range, Refrigerator
Roof
Metal
Heating
Central
Cooling
Central Air, Electric
Sewer
None, Septic Tank
School District
Lorena ISD

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Pam Hanson from Coldwell Banker Apex, REALTORS. Contact: