SOLD | Westwind Manor
10 HILLTOP DR.Runaway Bay, TX 76426
- INVESTMENT SALE FOR SALE
- Weatherford
- Total SF: 33,574
- Total Acres: 9.02
- CONTACT FOR MORE INFORMATION
Overview
- +/- 33,574 SF 28-unit lakeside multi-family investment portfolio located in Runaway Bay, Texas
- Westwind Manor also generates cash flow from leased units, Airbnb rentals, and owns the water rights for the entire 32-lot Westwind Manor subdivision
- Tremendous investment opportunity with the potential to develop an additional 100+ units
- Since property is outside of city limits, there are no building permits required or restrictions to build
- Current number of units: 28 with 66% occupancy
- Property is on Ten-X and Auction Date is December 6 - 8, 2021
Traffic Counts
YEAR 2020
- US 380:
- 3,408 vpd
Demographics
| YEAR 2021 | 1 Mile | 3 Mile | 5 Mile |
|---|---|---|---|
| Total Population | 1,170 | 1,764 | 2,969 |
| Total Households | 500 | 751 | 1,213 |
| Average Household Income | $112,315 | $109,714 | $98,413 |
| 5 Year Growth Rate | 5.98% | 5.84% | 5.12% |
