Introducing Cabins at Rocky Top - a premier investment opportunity in Azle, Texas. This distinguished 10-acre property features a nearly fully-leased cabin community, offering a rare combination of immediate cash flow and significant growth potential. With its mix of one-story and loft-style units, this development caters to a diverse tenant base seeking the allure of cabin living with modern conveniences. Investment Highlights: Land Size: 10.004 Acres Total Units: 12 (6 One-Story, 6 Two-Story Lofts) Leasing Office: On-site for management and tenant services Occupancy: 92% leased, providing immediate revenue Future Expansion: 2 additional cleared sites ready for development Unit Specifications: One-Story Units: 1,270 sq. ft., 3 bed 2 bath, fully-equipped kitchen, laundry, dining Loft Units: 1,670 sq. ft., 3 bed 2 bath, two-level living, premium features Construction: High-quality materials for durability and reduced maintenance costs
Mls | 20504457 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 2022 |
Days On Site | 334 |
Listing Provided By | Keller Williams Realty | Dustin Wright |
Sq Feet | 18,200 |
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Storys | 2 |
Units | 13 |
Zoning | No Zoning |
Acreage | 10.00 |
State | TX |
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County | Parker |
City | Azle |
Zip Code | 76020 |
Area | Parker |
Community Name | Wright Tucker Farm |
Listing VS Median (in Wright Tucker Farm) | |
Price: $3,750,000 low | high Med: $3,750,000 SqFt: 18,200 low | high Med: 18,200 $ / SqFt: $206 low | high Med: $206 On Site: 334 low | high Med: 334.000000 |