Multi Family in the fastest growing city in the US! This can easily be a cash cow opportunity! Short term rentals or upgrade units and increase rents
LONG TERM TENANTS ON M2M:
(6) 1BD 1.5BTH and (2) 2BD 1.5BTH's all between 900-1000 sqft
Unit 1: 1bed 1.5bath Rent: $685 Market: $950-$1050
Unit 2: 2bed 1.5bath Rent: $795 Market: $1150-$1350
Unit 3: 2bed 1.5bath Rent: $785 Market: $1150-$1350
Unit 4: 1bed 1.5bath Rent: $685 Market: $950-$1050
Unit 5: 1bed 1.5bath Rent: $660 Market: $950-$1050
Unit 6: 1bed 1.5bath Rent: $685 Market: $950-$1050
Unit 7: 1bed 1.5bath Rent: $685 Market: $950-$1050
Unit 8: 1bed 1.5bath Rent: $660 Market: $950-$1050
Total Current: $5640
Total Market: $8000-$9000
7 units in GREAT shape, need paint and carpet. 1 unit needing repairs.
Property Condition is 85/100!
Stabilized CAP 8.34%
ALL PICTURES AND VIDEOS:
https://drive.google.com/drive/folders/1-CCsWEpKqz6Aa5_i2C-pjlZ1Mn6N7o9k?usp=share_link
*any unit has the room to be converted "if '' looking for anymore forced appreciation.
*could be a great section 8 play, minimal section 8 housing in new braunfels, and minimal repairs*
1044 Linde is newly renovated and leased
2 units 1/1.5 @ 950
6 units 2/1.5 @ 1150
8 units total
610 Butcher Sold at $945,000
all 1/1's
8 units total
Asking: $675,000
💰ZESTIMATE: $1,039,600.00💰
EMD: $15,000
📞GIVE ELIZABETH A CALL OR SHOOT HER A TEXT
MESSAGE FOR MORE INFO
ON THIS OPPORTUNITY! (210-901-0149)
interior
Bedrooms | |
Bathrooms | |
Sq. footage |