About 518 Oakridge Drive 9 Units
Nine fully occupied connected townhomes offering an outstanding investment opportunity in a high-demand rental area near L3Harris Technologies and Lamar Elementary School. Seller prefers to sell all nine units together as a package deal and will not divide. Each townhome features 2 bedrooms, 2 bathrooms, a one-car garage, granite countertops, dishwasher, and electric range. Strong tenant appeal due to proximity to major employers, schools, shopping, restaurants, and convenient access to Interstate 30 for commuters traveling into Dallas. Property offers stable occupancy with excellent income-producing potential for investors seeking a turnkey multifamily opportunity. Functional floorplans, low-maintenance features, and desirable location contribute to long-term rental demand. Easy access to retail, dining, and everyday conveniences makes these units attractive for both workforce and family tenants. Excellent opportunity to expand or begin an investment portfolio with a fully leased package in a growing area. Current occupancy provides immediate cash flow with upside potential for future appreciation and rental growth. Rare chance to acquire multiple connected townhomes in one transaction with strong rental history and desirable amenities. Ideal for investors looking for consistent income, strong tenant retention, and a property positioned near employment centers and commuter routes.
Features of 518 Oakridge Drive 9 Units
| MLS® # | 21276833 |
|---|---|
| Price | $1,600,000 |
| Bedrooms | 18 |
| Bathrooms | 18.00 |
| Full Baths | 18 |
| Square Footage | 1,238 |
| Acres | 0.07 |
| Year Built | 1988 |
| Type | Residential Income |
| Sub-Type | Multiple Single Units |
| Status | Active |
Community Information
| Address | 518 Oakridge Drive 9 Units |
|---|---|
| Subdivision | Oak Ridge Add |
| City | Greenville |
| County | Hunt |
| State | Texas |
| Zip Code | 75402-7601 |
Amenities
| Utilities | All Weather Road, Asphalt, Cable Available, City Sewer, City Water, Co-op Electric, Electricity Connected |
|---|---|
| Parking Spaces | 1 |
| Garages | Alley Access, Garage, Garage Door Opener, Garage Single Door |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Cable TV Available, Eat-in Kitchen, High Speed Internet Available, Walk-In Closet(s) |
|---|---|
| Heating | Central, Electric |
| Fireplace | No |
Exterior
| Exterior Features | Covered Patio/Porch |
|---|---|
| Lot Description | Few Trees, Interior Lot, Landscaped, Level |
| Roof | Composition |
| Construction | Brick, Siding |
| Foundation | Slab |
School Information
| District | Greenville ISD |
|---|---|
| Elementary | Lamar |
| Middle | Greenville |
| High | Greenville |
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Agent | Holly Gray |
|---|---|
| Office | Century 21 First Group |
| Contact Info | 903-456-3165 |
