Specialty Property with Interior
For Sale
Contact for pricing
309 Helm Ln, Sulphur Springs, TX 75482
Renovation-focused specialty property featuring expanded first-floor patios and a phased operating upgrade plan.
Property SizeContact for details
Days on Market119
Property Features for 309 Helm Ln
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
Marcus & Millichap - Dallas
Listed By:
Nick Fluellen, CCIM · License #TX 0521943
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 20 at 7:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
This specialty property is being marketed as part of a continuing interior upgrade program, with renovated units targeted to achieve $170 premiums in the remarks. The plan also includes expanding first-floor patios into extended backyards and implementing additional revenue and expense controls, including a non-refundable pet fee and reserved parking initiative.
Additional operational changes noted in the remarks include initiating water RUBS and billing back gas, trash, and pest control to reduce utility expense. The offering is described as being offered free and clear of existing debt. For the complete deal story, contact Matt Aslan at (972) 755-5275.
The materials presented with the listing emphasize the staged approach to improvements and management practices, with the remarks stating a 50% annual ROI associated with the program.
Additional operational changes noted in the remarks include initiating water RUBS and billing back gas, trash, and pest control to reduce utility expense. The offering is described as being offered free and clear of existing debt. For the complete deal story, contact Matt Aslan at (972) 755-5275.
The materials presented with the listing emphasize the staged approach to improvements and management practices, with the remarks stating a 50% annual ROI associated with the program.
Key Highlights
- Renovation‑focused upgrade program designed to generate $170 premiums on renovated units
- Expanded first‑floor patios into extended backyards
- Plan to generate a 50% annual ROI (per provided deal remarks)
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
99
Businesses Nearby
Explore this area
Business Placement
Demographics for 75482, TX
25,743
Population
10,896
Households
2.4
Avg Household Size
39
Median Age
21%
College-Educated
86%
High-School Grad
313.5 sq mi
ZIP Area
82
Density / Sq Mi
$64,049
Median Household Income
$36,042
Median Earnings
$1,047
Median Rent
$202,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Specialty property - Renovation-focused specialty property featuring expanded first-floor patios and a phased operating upgrade plan.
Where is this specialty property located?
The property is located at 309 Helm Ln Sulphur Springs, TX.
What are key features of this property?
This property features: Renovation‑focused upgrade program designed to generate $170 premiums on renovated units; Expanded first‑floor patios into extended backyards; Plan to generate a 50% annual ROI (per provided deal remarks)
