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Seller's Agent in 2020
Lucas Brandt
Keller Williams Realty, Waco
FULLY OCCUPIED, FULLY REMODELED, 26 UNIT COMPLEX WITH OVER A YEAR OF PROVEN PERFORMANCE! The owners completely rebuilt every unit from the studs up - Brand new HVAC, water heaters, appliances, everything. Units are all 1bed, 1 bath, 530sqft. 24 of 26 units are current at market rent of $575, 2 of 26 at $550. Property has boasted a 96%+ occupancy over the past 12months+; a truly turnkey investment! Tenants love the safety of full perimeter security fence and gate, and enjoy relaxing & grilling around the central Pergola. *YOU ARE RESPONSIBLE TO DO YOUR OWN DUE DILIGENCE - THE FOLLOWING ARE ESTIMATES* Gross Potential $181,158 | Vacancy/Concessions (4.5%) (-8,172$) | Fees (+$6,000) | Mgmt (7%) (-$12,110) | Insurance (-$8,190) | Taxes (-$24,500) | Utilities (-$9,672) | All Other Operating Expenses (-$13,260) ||| Total Expenses (-$67,732) (37.0%). Est. NET OPERATING INCOME $111,274 - est. CAP 7.95%
Last Agent to Sell the Property
Lucas Brandt
Keller Williams Realty, Waco License #0661520 Listed on: 07/18/2020
Co-Listed By
Vanessa Scheible
Keller Williams Realty, Waco License #0739857
Last Buyer's Agent
Lucas Brandt
Keller Williams Realty, Waco License #0661520 Listed on: 07/18/2020
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
12/04/2020 12/04/20 | Sold | -- | -- | -- |
11/04/2020 11/04/20 | Pending | -- | -- | -- |
07/18/2020 07/18/20 | For Sale | $1,399,000 | -- | $102 / Sq Ft |
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Seller's Agent in 2020
Lucas Brandt
Keller Williams Realty, Waco
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Seller Co-Listing Agent in 2020
Vanessa Scheible
Keller Williams Realty, Waco
Source: Central Texas MLS (CTXMLS)
MLS Number: 417122