Beds 16 | Baths 8 | 7,456 Sqft | 1.02 Acres |
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Property Description
Exceptionally maintained and updated 8 unit apartment building. All units rented with stable tenants-owner occupies one unit negotiable on leasing back, vacating or leasing prior to closing. Rents recently increased but there is room to increase rents further to keep up with market rates. All AC units have been replaced in the last 4 years. The roof and back awning are rated with WP8 at 160 mph. All windows were replaced with shatterproof glass. Quartz counters, updated cabinets in all units installed in 2018. All units complete with all appliances: built in microwave, refrigerators with ice makers, electric range, dishwasher, and combo washer dryers. Price based on 9.36% cap rate
General Information
Sale Price: $850,000
Price/SqFt: $114
Status: Active
MLS#: 459319
Post Office: rockport
Acres: 1.02
Lot Dimensions: -
Bedrooms:16
Bathrooms:8 (8 full, 0 half)
House Size: 7,456 sq.ft.
Acreage: 1.02 est.
Year Built: 1984
Property Type: Multi Family
Style: -
Features & Room Sizes
Paved Road: Asphalt
Garage: -
Construction: Brick Wood Siding
Exterior Misc: Storage
Pool: Yes
Pool Description: None
Basement: -
Appliances: Dishwasher Electric Oven Electric Range Microwave Dryer Washer
Cooling: Electric Central Air
Heating: Central Electric
Waste: -
Watersource: Public
Community/Association Features
CommunityFeatures: -
Association Amenities: None
Tax, Fees & Legal
Legal Description: A70 C O D GILLILAND ACRES 1.02 (ADD'N IMPS)
HOA fees:

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®. 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.
Listing By: Margaret Jones of AustinSA Real Estate Services, Phone: (512) 805-8226