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0Bed

0Bath

-1SqFt

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Key Details

Property Type: Condo

Sub Type: Apartment

Listing Status: Active

Purchase Type: For Sale

Lot Size: 10,454 Sqft

Year Built: 1971

MLS Listing ID: 9915702

Subdivision: Cummings Addn #2

Property 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

Location

State: TX

County: Coryell

Area: Out Of Area

Interior

Heating: Central

Cooling: Central Air

Flooring: Tile

Heat Source: Central

Exterior

Pool: See Remarks

Utilities Available: Electricity Connected

View: None

Accessibility: None

Parking Type: Additional Parking,Assigned,Permit Required,Parking Lot

Total Parking Spaces: 7

Building

Story: 1

Foundation: Slab

Sewer: Public Sewer

Water: Public

Others

Tax Year: 2020

Acceptable Financing: Cash,Conventional,1031 Exchange

Special Sale: Standard

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Listing provided by Keller Williams Realty

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Nearby School & Properties

School data provided by GreatSchools for your convenience. Please contact schools directly for enrollment eligibility.

PROPERTY HISTORY

Date Event Price Source

Marketing Trends

Average Sales Price
1. Average Sales Price
2. Median Sales Price
3. Highest Sales Price
4. Lowest Sales Price
baths
1. All
2. 1+
3. 2+
4. 3+
5. 4+
6. 5+
beds
1. All
2. 1+
3. 2+
4. 3+
5. 4+
6. 5+

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Steven Ross

 5128145926

Agent License ID: 705554

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