Seller Financing - Lease to Own
Address
305 Sams Trail Dallas, NC
Price
$ 3,150,000
Property Attributes
- ML#3652556
- TypePending
- CountyGASTON
- CityDallas
- AreaGaston County
- Zip28034
- Style
- Price$ 3,150,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage30488
- Lot Size22.52 Acres
Listing Provided Courtesy Of:
Keller Williams Select
Property Description
An incredible investment opportunity in the growing city of Dallas. Updated 33 unit complex composed of 3 SFH, 3 duplexes, 2 sixplexes, 1 fiveplex, 1 fourplex, and 1 triplex on 22.5 acres of land. There are 2 vacant parcels included that offer a unique opportunity for expansion. Some units are still below market rent but have been renovated and could immediately be increased. Gross rents are over $313K with the potential to reach $360K by simply increasing rent as leases expire. Currently at 100% occupancy with pre leases at market rent through 10/2020 & a wait list of qualified tenants. Newly installed playground and picnic area with room to add a dog park. Brand new roof on 205 Sams trail home and a new roof to be completed on 305 Sams Trail at sellers expense prior to sale. New HVAC systems on many units. Centrally located just 30 minutes to Charlotte, 15 Minutes to Gastonia and Lincolnton. Please do not disturb the tenants. Listing agent is to accompany all showings.
| Elementary School | Middle School | High School |
|---|---|---|
| Unspecified Elementary School | Unspecified Middle School | Unspecified High School |
| Price History | |
|---|---|
| 8/17/2020 | Listed $3,700,000 |
| 9/4/2020 | 15% - $3,150,000 |
General Features
| Car Hoasubjectto | None |
|---|---|
| Community Features | Playground, Walking Trails |
| Construction Materials | Brick, Brick Partial, Concrete, Shingle Siding, Vinyl Siding |
| Construction Type | Site Built |
| Elementary School | Unspecified |
| Exterior Features | Outbuilding(s), Workshop |
| Flooring | Carpet, Laminate, Tile, Vinyl, Vinyl |
| Heating | Heat Pump, Heat Pump |
| High School | Unspecified |
| Middle/Junior High School | Unspecified |
| New Construction | No |
| Parking Features | Attached Garage, Carport - 2 Car, Garage - 2 Car, Parking Space - 4+, Other |
| Property SubType | Multi-Family |
| Property Type | Residential Income |
| Sewer | Septic Installed |
| Standard Status | Pending |
| Structure Type | Apartments |
| Total Units | 33 |
Interior Features
| Laundry Features | Main Level |
|---|
Exterior Features
| Building Area Total | 30488 |
|---|---|
| Lot Size Area | 22.52 |
| Water Source | Well |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 28034
Price
Visits
Year Built
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Charleston Trident Association of REALTORS. All information is deemed reliable but should be independently verified.
Copyright 2021 Triangle MLS, Inc. of North Carolina. All rights reserved.
The data relating to real estate for sale on this web site comes in part from the Triangle MLS, Inc. of North Carolina. Real estate listings held by brokerage firms other than NorthGroup Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
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This data has been updated as of January 23, 2021 7:24 PM UTC
© 2021 The data relating to real estate for sale on this web site comes in part from the Western Upstate Association of REALTORS®, Inc. or Western Upstate Multiple Lisitngs Services of South Carolina, Inc. This information is deemed reliable, but not guaranteed. Neither, the Western Upstate Association of REALTORS®, Inc. or Western Upstate Multiple Listing Service of South Carolina, Inc., nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information.
Information deemed reliable but not guaranteed.
Property information provided courtesy of the Internet Exchange Program of the Greenville Association of Realtors.
The information being provided is 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.
Data is updated as of January 23, 2021 7:24 PM UTC
Listing information © 2021 Triad MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than NorthGroup Real Estate are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name
Spartanburg Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be
