Properties

Property Description

The property, 2.438 acres is improved with a total of 14 rental units: 2 duplexes, 3 manufactured homes and 7 residential structures. There is also a barn for storage or rental Current income for 11/2020 thru 10/2021 was $127,940.25 with expenses of $28,049 for an NOI of $99,440.89. The owner owns free and clear and is self insured. Allocating $11,000 for insurance estimated annual cap rate is approximately 7.37%. There are six water meters and some water is submetered. Permits are available for 12 OSSF systems. 7 of the properties are located in the FEMA 100 Yr Flood Plain, only 5 have flooded. Elevation Certificates available with current survey. The property is professionally managed by Asset Management Inc. in San Marcos.

Features
: See Remarks
: See Remarks
: 28
$0
: Vinyl Siding, Metal Siding, Frame
: Carpet, Vinyl, See Remarks
: Pillar/post/pier, Raised
: Septic Shared
: Electricity Connected, Water Connected, See Remarks, Above Ground
None, unrestricted in City ETJ
Address Map
US
Hays
E0° 0' 0''
N0° 0' 0''
HS
MLS Addon
Texias LLC
John Mccrocklin
ACT162313
ACT0093
Active
1000172234000003
none
$0
A0017-2 JUAN M VERAMENDI SURVEY #2, ACRES 2.438
2021
$9,708
$519,150
0 Sqft
$1,200,000
$0

For Sale

106,199 Sqft
$1,200,000
Listing ID #ACT8230377
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : ACT8230377
Price : $1,200,000
Year Built : 1980
Lot Size : 106,199 Sqft
Property Sub Type : Multi-family
Standard Status : Active
Agent info
Stacy Caprio
Austin Home Seekers, LLC
9606 N Mopac Expy Ste 150 Austin, TX 78759
Contact Agent