PARIS, Texas
| Asking Price |
$4,900,000 |
Year Established |
|
|
| Annual Revenue |
$0 |
Reason for Selling |
Changing Careers |
|
| Annual P/L |
$0 |
Attention |
Myca Whitten |
|
| Annual Cash Flow |
$0 |
Listing Number |
1012482 |
|
| # of Employees |
|
Business Category |
Commercial Real Estate: Multi-Family |
|
Business Overview:
Acquire a premier residential investment portfolio in Northeast Texas featuring a collection of income-producing rental properties strategically located throughout Paris, Reno, and Blossom, Texas. Offered at $4,900,000, this turnkey investment provides immediate cash flow with approximately $46,625 in gross monthly rental income and the potential for long-term appreciation.
This portfolio offers investors the rare opportunity to purchase a substantial collection of established rental assets in one transaction, creating economies of scale and simplified portfolio management. With a diversified mix of properties and an existing tenant base, buyers can step into a stabilized investment while exploring opportunities to enhance revenue through operational efficiencies and future rent growth.
Whether you're expanding an existing real estate portfolio, completing a 1031 exchange, or entering the Northeast Texas rental market, this offering delivers a combination of stability, income, and growth potential. While the seller prefers to sell the portfolio as a whole, individual properties or smaller package groupings may be considered to accommodate buyer needs.
Property Features and Assets:
<ol><li>Residential rental portfolio located in Paris, Reno, and Blossom, Texas</li><li>Offered as a package for $4,900,000</li><li>Approximately $46,625 in gross monthly rental income</li><li>Multiple income-producing residential properties included</li><li>Established tenant base providing immediate cash flow</li><li>Diversified locations reduce concentration risk</li><li>Strong rental demand throughout Northeast Texas</li><li>Opportunity for operational improvements and rental income growth</li><li>Suitable for private investors, investment groups, or institutional buyers</li><li>Seller may consider dividing the portfolio into smaller packages if necessary</li><li>Rent rolls, financial information, and additional property details available upon request</li></ol>
Market Competition and Expansion:
<p>Northeast Texas continues to attract investors due to its affordable housing market, stable rental demand, and favorable acquisition costs compared to larger metropolitan areas. The cities of Paris, Reno, and Blossom benefit from a diverse local economy supported by manufacturing, healthcare, agriculture, education, and retail sectors, creating a consistent need for quality rental housing.</p><p>The portfolio is positioned to benefit from ongoing demand for workforce and affordable housing, with opportunities to increase returns through strategic property improvements, rental adjustments, and professional portfolio management. Investors may also expand their market presence by acquiring additional properties in the region or by utilizing this portfolio as a foundation for a larger Northeast Texas investment strategy.</p><p>The flexibility to potentially purchase the portfolio as a whole or in smaller groupings broadens the buyer pool and creates multiple exit strategies, enhancing the long-term investment value of this offering.</p>
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity