7311 Fm 1886, Azle, 76020-1071, TX

$3,750,000

0 Bed
0 Bath
10 Acres
0 Garage

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

Essential Information
MLS® #20504457
Price$3,750,000
Bathrooms0.00
Acres10.00
Year Built2022
TypeCommercial Sale
Sub-TypeBusiness
StatusActive
Community Information
Address7311 Fm 1886
SubdivisionWright-Tucker Farm
CityAzle
CountyParker
StateTX
Zip Code76020-1071
Amenities
GaragesDriveway, On Site
Utilities

Electricity Available, Electricity Connected, Other, Dirt, Private Sewer, Well

Interior
HeatingCentral, Electric
# of Stories2
Stories2
Exterior
RoofMetal
ConstructionBrick, Wood
FoundationSlab
Additional Information
ZoningNo Zoning
Listing Details
AgentDustin Wright
OfficeKeller Williams Realty
Contact817-845-7367
Property History
Price Reduced from $3,900,000 to $3,750,000
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Listing information last updated on April 29th, 2024 at 10:03am CDT.