Price Reduced!
Investment property for sale located in the growing area of Van Alstyne, TX. This True Value Hardware store is be offered by Turn Key Property Group, LLC at a day one cap rate of 9+ on actuals. Owner has agreed to stay if desired for hands off investor and run it for an agreed upon salary.
This hardware store is ready to go for a new owner with heavy cash flow! The entire business is fully turn key and in place. Additional land is included in the deal and could be sold, parceled or developed as desired offering additional upside potential to new owner. Financials and additional information available upon request with satisfaction and/or execution of Non-Disclosure agreement. This is an active business, DO NOT disturb. Showings to qualified individuals only and by appointment only with listing agent present. Building completed in 2020.
Van Alstyne is in the rapidly growing northern border of McKinney TX. Van Alstyne is currently growing at a rate of 3.16% annually and its population has increased by 53.12% since the most recent census, which recorded a population of 3,046 in 2010. Van Alstyne reached it's highest population of 4,664 in 2021(google). The real estate value alone due to this growth makes it an outstanding upside investment.
Information deemed reliable but not guaranteed by listing broker. Buyer and/or buyers broker must independently verify at his or her own costs.
Seller says sell, make offer!
Travis Turner, broker
Turn Key Property Group LLC
254-855-6430(cell)
TAR Lic 0648158
TKPG Lic 9009077
Call or email listing broker for additional information.