$116,333 Annual NOI. 6.75% cap rate. This is a turn key investment close to campus that is fully leased through July 2026. Most of the units are renovated. There is on-site staff and maintenance who has been there for 10 years and can help do basic repairs around the property.… Read More He pays $825/month. Every other unit is leased at $1,200/month.
Annual revenue is $168,300.
Taxes: $17,266
Insurance all three buildings: $11,550
Maintenance/Upgrades: $23,150 (varies year to year)
100% occupancy. In-house management and maintenance.
The property is close to Legend Event Center and only a 5 minute drive to the vet school.
Seller is a licensed real estate agent. Read Less
Property listed by Jerman Realty Inc, Chase Robinson, 254-721-7045
Listing Snapshot
Days Online
157
Last Updated
Property Type
Quadruplex
Lot Size
0.49 Acres
Year Built
1979
MLS Number
25008119
Additional Details
Appliances & Equipment
Dryer, GasWaterHeater, WaterHeater, Washer
Building
Built in 1979, Levels: Two, Construction Materials: Brick, VinylSiding
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