12.6% CAP in Collin! Strong cash flowing 8 unit property located 0.5 miles from Lavon Lake on over 1+ acres. Class C property with reasonable of market priced rents that is a CASH COW. around $4000 per month rental income. Multi-unit mix: duplex, SW manufactured home, 4 efficiency buildings (300 sq. ft. structures), and functioning RV. Princeton ISD with stable tenant base. Zoned residential for additional buildings, improvements or pads for RVs or mobiles to further improve land. (Buyer to verify with Collin County). Low risk, high return asset that a savvy investor can overlook the visual obstructions. It sells AS-IS.
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