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Description
FULLY OCCUPIED EXPECTED CAP UPON RENEWAL 9.81%, CURRENT CAP 7.63%
Each unit features 2 Beds, 1 Bath! Fresh paint, recessed can lighting, remodeled kitchen with new appliances, remodeled bathrooms & hard flooring throughout
Current tenants are paying $525 per month. Market shows that units could easily rent for $600-$650. Comparable apartments in area are not remodeled and the current owner has never listed the properties as for lease/ only word of mouth (investors gain)! Once priced and marketed appropriately over 7% cap rate expected
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© 2020 Coastal Bend Multiple Listing Service (CCARMLS). Information deemed reliable, but not guaranteed. Updated: 27th February, 2021 11:17 PM
Listing information provided courtesy of the Four Rivers Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Updated: 27th February, 2021 11:28 PM
Properties marked by the NTREIS Logo are courtesy of the NTREIS Multiple Listing Service. Property listing data provided by NTREIS multiple listing service. You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. Updated: 27th February, 2021 11:21 PM
Listing information provided courtesy of the San Antonio Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 27th February, 2021 11:16 PM
All information is subject to change and should be independently verified. Copyright© 2020, HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved by Houston Association of Realtors Updated: 27th February, 2021 11:20 PM
Based on information from the Austin Board of REALTORS (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Copyright © 2020 Austin Board of Realtors
