1010 Ranch Country Dr, Kemp, TX 75143

$1,350,000
11,826
SqFt

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List Price
$1,350,000
Price Change
▼ $125,000 1779493113
MLS#
21159583
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1984
Construction Status
Preowned
Acres
5
Living Area
11,826
County
Kaufman
City
Kemp
Subdivision
A0448

Property Description

Prime investment opportunity in Kemp,TX! This 12-unit apartment complex sit on an expansive 5-acre tract across from the country club, offering endless possibilities for investors and developers. With ample room for expansion, additional units, or future development, this property presents a rare opportunity to increase value and maximize long-term returns. Nestled in a growing area of Kemp, the property offers a blend of privacy and accessibility, making it attractive for tenants seeking space while remaining close to town amenities. The generous acreage provides flexibility for redevelopment, adding amenities, or exploring alternative income producing uses (buyer to verify). Whether you're looking to expand your rental portfolio, develop further, or reforming the property's full potential, this unique multi-family asset delivers space, opportunity, and upside all in one package. Some are 1 bedroom and some are two bedroom. Some have fireplaces. Building#1: Units #1090-1120 800SqFt. Building #2: Units #1050-1080 1026SqFt. Building #3: Units #1010-1040 913SqFt. All units vary with size, features, and current lease amount.

Additional Information

Unexempt Taxes
$21,046
Tenant Pays
CableTv, Electricity
Lot Size
217,800
Lot Description
Pasture, Trees
Flooring
Combination
Foundation
Slab
Roof
Asphalt
Building Stories
2
Parking Garage
On Site, Parking Lot
Business Name
Ranch Country Apartments
Proposed Use
Other
Inclusions
Building Only, Land & Improvements
Possession
CloseOfEscrow

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Calculator source: Real Geeks

Listing courtesy of Summer Barclay from Bradford Elite Real Estate LLC. Contact: 214-499-5431