Top Banner
FOR SALE Steves Rosser 210.710.6460 [email protected] HIGHLIGHTS 1. Approximately 2.09 AC total Land 2. 18 Units of ± 986 SF each 3. Strong occupancy 4. Great Stable Investment MULTI-FAMILY INVESTMENT OPPORTUNITY 109,111 and 115 Dixon Dr | Devine, TX 78016 5,400 VPD
8

MULTI-FAMILY INVESTMENT OPPORTUNITY · • Las Palmas Mexican Restaurant • McDonald’s • O’Reilly Auto Parts • Pizza Hut • Security State Bank • Shell • Sonic Dive-In

Aug 24, 2020

Download

Documents

dariahiddleston
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: MULTI-FAMILY INVESTMENT OPPORTUNITY · • Las Palmas Mexican Restaurant • McDonald’s • O’Reilly Auto Parts • Pizza Hut • Security State Bank • Shell • Sonic Dive-In

FOR SALE

Steves [email protected]

HIGHLIGHTS1. Approximately 2.09 AC total Land

2. 18 Units of ± 986 SF each

3. Strong occupancy

4. Great Stable Investment

MULTI-FAMILY INVESTMENT OPPORTUNITY109,111 and 115 Dixon Dr | Devine, TX 78016

5,400 VPD

Page 2: MULTI-FAMILY INVESTMENT OPPORTUNITY · • Las Palmas Mexican Restaurant • McDonald’s • O’Reilly Auto Parts • Pizza Hut • Security State Bank • Shell • Sonic Dive-In

DHRP.us 210.222.2424 801N.SaintMary’s SanAntonio,TX78205

SALE

MULTI-FAMILY INVESTMENT OPPORTUNITY109,111 and 115 Dixon Dr | Devine, TX 78016

The information herein was obtained from sources deemed reliable; however, DH Realty Partners, Inc. makes no guarantees, warranties, or representations as to the completeness of accuracy thereof. The presentation of this property is submitted subject to errors, omissions, changes of price, prior to sale or lease, or withdrawal without notice. All Floor

plans, property lines, areas, and dimensions are approximate and for illustration purposes only. DHRP | DH Realty Partners, Inc. ®2019. A Texas Corporation.

Steves [email protected]

LOCATIONThe Duplex Complex is conveniently located on the north side of Devine, with easy access to US HWY 132 & I-35.

DESCRIPTIONThe complex consists of 18 apartment units of approximately 986 SF each:

LAND SIZEApproximately 2.09 AC

OCCUPANCYComplex is currently 94% leased (One available unit; 111 Dixon Dr, Unit 101)

HIGHLIGHTS• Covered entrance to each unit• Well maintained property• Strong occupancy• Recent Construction (2007 - 109 Dixon Dr. / 2011 - 111 & 115 Dixon)• Ample parking

PRICEContact broker for further information.

SubjectProperty

Units

6 units are equipped with:

12 units are equipped with:

BathroomsBedrooms

(2) Two(2) Two

(3) Three(2) Two

28,000 VPD

5,400 VPD

Page 3: MULTI-FAMILY INVESTMENT OPPORTUNITY · • Las Palmas Mexican Restaurant • McDonald’s • O’Reilly Auto Parts • Pizza Hut • Security State Bank • Shell • Sonic Dive-In

DHRP.us 210.222.2424 801N.SaintMary’s SanAntonio,TX78205

SALE

MULTI-FAMILY INVESTMENT OPPORTUNITY109,111 and 115 Dixon Dr | Devine, TX 78016

The information herein was obtained from sources deemed reliable; however, DH Realty Partners, Inc. makes no guarantees, warranties, or representations as to the completeness of accuracy thereof. The presentation of this property is submitted subject to errors, omissions, changes of price, prior to sale or lease, or withdrawal without notice. All Floor

plans, property lines, areas, and dimensions are approximate and for illustration purposes only. DHRP | DH Realty Partners, Inc. ®2019. A Texas Corporation.

Steves [email protected]

PHOTOGRAPHY

Page 4: MULTI-FAMILY INVESTMENT OPPORTUNITY · • Las Palmas Mexican Restaurant • McDonald’s • O’Reilly Auto Parts • Pizza Hut • Security State Bank • Shell • Sonic Dive-In

DHRP.us 210.222.2424 801N.SaintMary’s SanAntonio,TX78205

SALE

MULTI-FAMILY INVESTMENT OPPORTUNITY109,111 and 115 Dixon Dr | Devine, TX 78016

The information herein was obtained from sources deemed reliable; however, DH Realty Partners, Inc. makes no guarantees, warranties, or representations as to the completeness of accuracy thereof. The presentation of this property is submitted subject to errors, omissions, changes of price, prior to sale or lease, or withdrawal without notice. All Floor

plans, property lines, areas, and dimensions are approximate and for illustration purposes only. DHRP | DH Realty Partners, Inc. ®2019. A Texas Corporation.

Steves [email protected]

PHOTOGRAPHY

Page 5: MULTI-FAMILY INVESTMENT OPPORTUNITY · • Las Palmas Mexican Restaurant • McDonald’s • O’Reilly Auto Parts • Pizza Hut • Security State Bank • Shell • Sonic Dive-In

DHRP.us 210.222.2424 801N.SaintMary’s SanAntonio,TX78205

SALE

MULTI-FAMILY INVESTMENT OPPORTUNITY109,111 and 115 Dixon Dr | Devine, TX 78016

The information herein was obtained from sources deemed reliable; however, DH Realty Partners, Inc. makes no guarantees, warranties, or representations as to the completeness of accuracy thereof. The presentation of this property is submitted subject to errors, omissions, changes of price, prior to sale or lease, or withdrawal without notice. All Floor

plans, property lines, areas, and dimensions are approximate and for illustration purposes only. DHRP | DH Realty Partners, Inc. ®2019. A Texas Corporation.

Steves [email protected]

AREA RETAILERS

• Church’s Chicken

• Dairy Queen

• Devine High School

• Devine Police Department

• Dollar Tree

• Enterprise Rent-A-Car

• Exxon

• Las Palmas Mexican Restaurant

• McDonald’s

• O’Reilly Auto Parts

• Pizza Hut

• Security State Bank

• Shell

• Sonic Dive-In

• Subway

• Triple C. Steakhouse

• US Postal Service

• Viva Zapata Mexican Grill

• Walmart Supercenter

28,000 VPD

5,400 VPD

SubjectProperty

Page 6: MULTI-FAMILY INVESTMENT OPPORTUNITY · • Las Palmas Mexican Restaurant • McDonald’s • O’Reilly Auto Parts • Pizza Hut • Security State Bank • Shell • Sonic Dive-In

DHRP.us 210.222.2424 801N.SaintMary’s SanAntonio,TX78205

SALE

MULTI-FAMILY INVESTMENT OPPORTUNITY109,111 and 115 Dixon Dr | Devine, TX 78016

The information herein was obtained from sources deemed reliable; however, DH Realty Partners, Inc. makes no guarantees, warranties, or representations as to the completeness of accuracy thereof. The presentation of this property is submitted subject to errors, omissions, changes of price, prior to sale or lease, or withdrawal without notice. All Floor

plans, property lines, areas, and dimensions are approximate and for illustration purposes only. DHRP | DH Realty Partners, Inc. ®2019. A Texas Corporation.

Steves [email protected]

LOCATION INFORMATION

DEMOGRAPHICSTRAFFIC COUNTS

1 Mile 3 Mile 5 Mile

Population

Median Age

Avg Household Size

Median Household Income

2,733

38.6

2.6

$47,941

7,953

38.6

2.8

$50,711

13,162

38.1

2.9

$51,785

Source: ESRI, 2019

- 37

8543

SubjectProperty

Page 7: MULTI-FAMILY INVESTMENT OPPORTUNITY · • Las Palmas Mexican Restaurant • McDonald’s • O’Reilly Auto Parts • Pizza Hut • Security State Bank • Shell • Sonic Dive-In

DHRP.us 210.222.2424 801N.SaintMary’s SanAntonio,TX78205

The information herein was obtained from sources deemed reliable; however, DH Realty Partners, Inc. makes no guarantees, warranties, or representations as to the completeness of accuracy thereof. The presentation of this property is submitted subject to errors, omissions, changes of price, prior to sale or lease, or withdrawal without notice. All Floor

plans, property lines, areas, and dimensions are approximate and for illustration purposes only. DHRP | DH Realty Partners, Inc. ®2019. A Texas Corporation.

ADA DISCLOSUREInordertoensurethatallbusinessestablishmentsareaccessibletopersonswithavarietyofdisabilities,theAmericanswithDisabilitiesActwasenactedunderfederallawandtherearealsostateandlocallawsthatmayrequirealterationstoaPropertyinordertoallowaccess.TexashasenactedtheArchitecturalBarriersRemovalActtoalsoaccommodatepersonswithdisabilities.RealEstateAgentsarenotqualifiedtoadviseyouifthePropertycomplieswiththeselawsorwhatchangesmaybenecessary.Youshouldconsultwithattorneys,engineersandotherexpertstodetermineifthePropertyisincompliancewiththeselaws.

FLOOD PLAIN INFORMATION DISCLOSUREItisthesoleresponsibilityofeverypurchaser,seller,landlordand/ortenantofanyinterestinPropertytoindependentlyreviewtheappropriatefloodplaindesignationmapsproposedandadoptedbyfederal,state,andlocalresourcesincluding,butnotlimitedto,the Federal Emergency Management Association (“FEMA”) and the San Antonio River Authority (“SARA”), in order to determinethepotentialfloodriskoftheirProperty.RealEstateAgentsarenotqualifiedtoassessandcannotwarrant,guarantee,ormakeanyrepresentationsaboutthefloodriskofaparticularpieceofProperty.Alldecisionsmadeoractionstakenornottakenbyapurchaser,seller,landlordand/ortenantwithrespecttothefloodriskofaparticularpieceofPropertyshallbethesoleresponsibilityofsuchparty.

Everypurchaser,seller,landlordand/ortenantofanyinterestinrealproperty(“Property”)isnotifiedthatpriororcurrentusesofthePropertyoradjacentpropertiesmayhaveresultedinhazardousorundesirablematerialsbeinglocatedontheProperty.Thesematerialsmaynotbevisibleoreasilydetected.Currentorfuturelawsmayrequireremovalorclean-upofareascontainingthesematerials.InordertodetermineifhazardousorundesirablematerialsarepresentontheProperty,expertinspectionsarenecessaryandremovalorclean-upofthesematerialswillrequiretheservicesofexperts.RealEstateAgentsarenotqualifiedexperts.

Ifyouareasellerorlandlord,itisyourresponsibilitytoensurethatthetransactiondocumentsincludedisclosuresand/ordisclaimersthatareappropriateforthetransactionandtheProperty.

Ifyouareapurchaserortenant,itisyourresponsibilitytoensurethatthetransactiondocumentsincludeprovisionstopermitconsultationwithattorneys,environmentalconsultantsandotherstomakeprudentinvestigations,andfurtherthatsuchinspectionsareconducted.

HAZARDOUS MATERIAL DISCLOSURE

Page 8: MULTI-FAMILY INVESTMENT OPPORTUNITY · • Las Palmas Mexican Restaurant • McDonald’s • O’Reilly Auto Parts • Pizza Hut • Security State Bank • Shell • Sonic Dive-In

Information About Brokerage Services

DHRP.us 210.222.2424 801N.SaintMary’s SanAntonio,TX78205

Texaslawrequiresallrealestatelicenseholderstogivethefollowinginformationaboutbrokerageservicetoprospectivebuyers,tenants,sellersandlandlords.TYPES OF REAL ESTATE LICENSE HOLDERS•ABROKERisresponsibleforallbrokerageactivities,includingactsperformedbysalesagentssponsoredbythebroker.•ASALESAGENTmustbesponsoredbyabrokerandworkswithclientsonbehalfofthebroker.

A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (Aclientisthepersonorpartythatthebrokerrepresents):•Puttheinterestsoftheclientaboveallothers,includingthebroker’sowninterests;•Informtheclientofanymaterialinformationaboutthepropertyortransactionreceivedbythebroker;•Answertheclient’squestionsandpresentanyoffertoorcounter-offerfromtheclient;and•Treatallpartiestoarealestatetransactionhonestlyandfairly.

A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:AS AGENT FOR OWNER (SELLER/LANDLORD}: Thebrokerbecomesthepropertyowner’sagentthroughanagreementwiththeowner,usuallyinawrittenlistingtosellorpropertymanagementagreement.Anowner’sagentmustperformthebroker’sminimumdutiesaboveandmustinformtheownerofanymaterialinformationaboutthepropertyortransactionknownbytheagent,includinginformationdisclosedtotheagentorsub-agentbythebuyerorbuyer’sagent.

AS AGENT FOR BUYER/TENANT: Thebrokerbecomesthebuyer/tenant’sagentbyagreeingtorepresentthebuyer,usuallythroughawrittenrepresentationagreement.Abuyer’sagentmustperformthebroker’sminimumdutiesaboveandmustinformthebuyerofanymaterialinformationaboutthepropertyortransactionknownbytheagent,includinginformationdisclosedtotheagentbythesellerorseller’sagent.

AS AGENT FOR BOTH - INTERMEDIARY: Toactasanintermediarybetweenthepartiesthebrokermustfirstobtainthewrittenagreementofeachpartytothetransaction.Thewrittenagreementmuststatewhowillpaythebrokerand,inconspicuousboldorunderlinedprint,setforththebroker’sobligationsasanintermediary.Abrokerwhoactsasanintermediary:

•Musttreatallpartiestothetransactionimpartiallyandfairly;•May,withtheparties’writtenconsent,appointadifferentlicenseholderassociatedwiththebrokertoeachparty(ownerandbuyer)tocommunicatewith,provideopinionsandadviceto,andcarryouttheinstructionsofeachpartytothetransaction.•Mustnot,unlessspecificallyauthorizedinwritingtodosobytheparty,disclose: othattheownerwillacceptapricelessthanthewrittenaskingprice; othatthebuyer/tenantwillpayapricegreaterthanthepricesubmittedinawrittenofferand oanyconfidentialinformationoranyotherinformationthatapartyspecificallyinstructsthebrokerinwriting,nottodisclose,unlessrequiredtodosobylaw.

AS SUBAGENT:Alicenseholderactsasasubagentwhenaidingabuyerinatransactionwithoutanagreementtorepresentthebuyer.Asubagentcanassistthebuyerbutdoesnotrepresentthebuyerandmustplacetheinterestsoftheownerfirst. TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH:•Thebroker’sdutiesandresponsibilitiestoyou,andyourobligationsundertherepresentationagreement.•Whowillpaythebrokerforservicesprovidedtoyou,whenpaymentwillbemadeandhowthepaymentwillbecalculated.

LICENSE HOLDER CONTACT INFORMATION:Thisnoticeisbeingprovidedforinformationpurposes.Itdoesnotcreateanobligationforyoutousethebroker’sservices.Pleaseacknowledgereceiptofthisnoticebelowandretainacopyforyourrecords.

PHONE

BUYER/TENANT/SELLER/LANDLORDINITIALS

DATE

LICENSE#LICENSEDBROKER/BROKERFIRMNAMEORPRIMARYASSUMEDBUSINESSNAME

DHREALTYPARTNERS,INC 147342E-MAIL

dhrp.us 210.222.2424

E-MAIL

[email protected]

E-MAIL

[email protected]

210.222.2424

PHONE210.222.2424

LICENSE#DESIGNATEDBROKEROFFIRM

CharlesL.Jeffers 162202

LICENSE#JohnCannon,CCIM 618616

LICENSEDSUPERVISOROFSALESAGENT/ASSOCIATE

E-MAIL PHONELICENSE#SALESAGENT/ASSOCIATE’SNAME

[email protected] 210.222.2424StevesRosser 353608