6601 PRECINCT LINE ROAD, NORTH RICHLAND HILLS, TX 76182
Homes for sale in North Richland Hills.
Homes for sale in 76182.
6601 Precinct Line Road
North Richland Hills, TX 76182
List Price$1,300,000
Listing #20956469
About This Property
The Amis & Elements Salon Suites (6601 & 6609 Precinct Line Rd) offer a unique investment opportunity in a highly sought-after location in North Richland Hills, TX. This fully operational, well-maintained property is designed specifically for beauty professionals and small business owners seeking flexible, upscale spaces. With high demand for salon suite leasing and an established reputation in the community, this is a prime asset for any investor or owner-operator looking to expand into the rapidly growing salon suite market. Two free standing properties (only selling as a portfolio): -For Sale: $2,900,000.00 -CAP Rate: 8.5% -Combined Occupancy: 87% Building Features: -Shared Amenities including waiting area, lounge, restrooms, wash stations and laundry -Parking ratio 11 : 1,000 SF -Irrigation system -Energy efficient windows -High-speed internet and telecommunications infrastructure -New 30yr designer roof installed on both salons Oct. 2024 -Video notification system in Salon Amis to notify the stylists of their clients -Security System -Access Key Pad for stylists -No POA or HOA Investment Highlights: Prime Location: High traffic area along Precinct Rd. (Traffic Volume 28,625) in North Richland Hills. Diverse Tenant Base: The suites are home to a variety of tenants including hairstylist, nail techs, estheticians and other beauty professionals. Stylish Office: Built with a modern, comfortable and private environment. Attractive Leasing Opportunity: Multi-tenant with short-term leases, allows dynamic repricing. Well-Maintained: The building is in excellent condition with modern renovations and upgrades. Low Turnover and High renewal rate: 62% of tenants have had a lease for more than 5 years.
Property Features
Location Information
County
Tarrant
Subdivision
Precint Line Office Park
Interior Features
Has Fireplace
No
Floors
Vinyl
Heating
Central
Tenant Pays
None
Cooling
Central Air
Total Number of Units
21
Exterior Features
Construction
Frame, Stone Veneer
Lot Size in Acres
0.597
Foundation
Slab
Lot Size in Sq. Ft.
26,005
Roof
Composition
Zoning
Business
Water / Sewer
Sewer Available, Water Available
Building Total Area (Sq. Ft.)
3,263
Utilities
Sewer Available, Water Available
Is One Story
No
Parking Description
Concrete
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
COM
Tax Annual Amount
12745.0
Property SubType
Retail
Lot Acres Source
Public Records
Year Built
2011
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Mortgage Calculator
$6,070
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$4,684
Monthly Tax
$1,083
Monthly Insurance
$303
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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