5223 marcy

10\\% CAP in Collin! Strong cash flowing 8 unit property located 0.5 miles from Lavon Lake on over 1+ acres. Class C property with bottom of market priced rents that is a CASH COW. $2850 per month rental income at only 75\\% occupancy! Multi-unit mix: duplex, SW manufactured home, 4 efficiency buildings (300 sq. ft. structures), and functioning RV. Princeton ISD with stable tenant base. Zoned residential for additional buildings, improvements or pads for RVs or mobiles to further improve land. (Buyer to verify with Collin County). Duplex vacated for minor updates, asset will cash-flow even better when 2 units are rented! Low risk, high return asset that a savvy investor can overlook the visual obstructions.