1117 Lakestream Drive, Plano

$3,200,000

24 Beds
0 Baths
15,190 Sqft
.21 Acres
9 Garages

Incredible investment opportunity to purchase a diverse portfolio of 5 tenant occupied homes in Plano, Dallas, Richardson, and Farmers Branch! Currently occupied by a sober living facility, current owner is looking to sell and lease back for minimum of 3-5 years with increased rents to new owner. 6% cap rate minimally with a net income of over $190,000 annually. Property values in DFW are projected to increase by 12%! Don't miss this opportunity. Addresses are 1117 Lakestream Drive 75075, 4445 Burnhill Drive, Plano TX 75074, 23 Grant Circle, Richardson TX 75081, 10219 Sunridge Trail, Dallas TX 75243, 13375 Glenside Drive, Farmers Branch 75234. Do not disturb tenants.

Essential Information
MLS® #20055152
Price$3,200,000
Bedrooms24
Bathrooms0.00
Full Baths14
Half Baths4
Square Footage15,190
Acres0.21
Year Built1992
TypeResidential Income
Sub-TypeMulti Family
StatusActive
Community Information
Address1117 Lakestream Drive
SubdivisionCreekbend Estates Ph 1
CityPlano
CountyCollin
StateTX
Zip Code75075-2297
Amenities
UtilitiesCity Sewer, City Water
Parking Spaces9
# of Garages9
GaragesGarage
Interior
HeatingCentral, Natural Gas
Interior Features

Cable TV Available, Flat Screen Wiring, High Speed Internet Available, Sound System Wiring, Vaulted Ceiling(s)

Exterior
RoofComposition
ConstructionConcrete
FoundationSlab
School Information
DistrictPlano ISD
ElementaryHarrington
MiddleCarpenter
Listing Details
AgentSelden Tual
OfficeRogers Healy and Associates
Property History
Price Reduced from $3,500,000 to $3,200,000
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Listing information last updated on May 21st, 2022 at 2:32pm CDT.