1014-1030 Coffin, Denison, Texas

Description

Investor Portfolio Opportunity – 5 Duplexes (10 Total Units) in Denison, TX. Excellent opportunity to acquire professionally managed portfolio of five identical duplexes (10 total units) in a quiet residential pocket of Denison. Each unit is 847 square feet with 2 bedrooms, 1 bathroom, a fenced backyard, and a one-car garage.

Located at 1014, 1018, 1022, 1026, and 1030 W Coffin Street, this stabilized asset generates approximately $12,475 per month in gross rental income, with one unit currently vacant and listed for lease as of the time of this listing. Residents pay all utilities and maintain their own yards, helping to keep operating costs low.

All five duplexes have been professionally managed by Milestone Premier Properties since acquisition and have a consistent history of high occupancy and strong rent collection. Management continuity may be available to the next owner.

Recent improvements include interior paint, carpet, vinyl flooring, fixture updates, appliance replacements, HVAC service and replacements (most units updated in 2019), and roofs installed by the previous owner between 2016 and 2017. Full lease agreements will be made available during the feasibility period.

The portfolio is being offered as a package, but each duplex will also be listed individually. Buyer to verify all information.

Directions: From US-75, take Exit 66 toward Morton St. Head west on W Morton St, then turn left onto S Scullin Ave. Continue for about half a mile, then turn right onto W Coffin St. The duplexes are located at 1014, 1018, 1022, 1026, and 1030 W Coffin St.