Wichita Falls, TX 76301,2200 Seymour Highway
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Wichita Falls, TX 76301,2200 Seymour Highway
Wichita Falls, TX 76301,2200 Seymour Highway
Wichita Falls, TX 76301,2200 Seymour Highway
Wichita Falls, TX 76301,2200 Seymour Highway

$995,000

Est. payment /mo
Est.Price: ?

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2200 Seymour Highway Wichita Falls, TX 76301

2.48 Acres Lot

SOLD DATE : 07/29/2022

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

Subdivision Bumgarner

MLS Listing ID 20020136

Sold Date 07/29/22

Total Fin. Sqft 30625

Year Built 1955

Annual Tax Amount $10,560

Lot Size 2.480 Acres

Acres 2.48

Property Description

15.94% Levered IRR over the life of the lease. First year Cap Rate of 7.14%, Cash on Cash 10.32%. Long-term tenant in place that moved in 2010. New lease through Jan 2025 with annual rent escalations. Owner financing available. New Roof in 2018. Lot size permits room to expand. Call me today for additional information.

Location

State TX

County Wichita

Zoning Gen Com

Direction Use GPS

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Concrete

Heat Source Central, Electric

Exterior

Utilities Available City Sewer, City Water

Roof Type Other

Garage No

Building

Foundation Slab

Structure Type Frame

Others

Ownership Call Broker

Acceptable Financing Cash, Conventional, Owner Will Carry

Listing Terms Cash, Conventional, Owner Will Carry

Financing Seller Financing

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Keith Auten • Auten Realty LLC
Bought with Charles Horton • The Michael Group Real Estate

Julie Teel

Broker | License ID: 0380798

+1(903) 654-3970

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