5 homes plus 2 garage apartments totaling 7,297 net rentable SF. Actual 8 CAP. All units within 2 MI of Baylor Scott and White. 100 percent rented. All tenants long term. All month to month. No rent increases in several years. All utilities paid by tenants. Opportunity to improve cash flow, income and CAP with moderate rent increases. Any or all properties appear to be excellent flip potential. All zoned either SF-2 or SF-3. All in Temple ISD. All in Temple City Limits. None in flood zones. Sold ONLY as a package. Investment Profile: $46,367 Net Operating Income. $ 7.99% CAP rate.
Multi-Family, Multi-Story, Other-See Remarks
Community Water, City Electric, Telephone
Central Electric A/C, Central Electric Heat, Window Unit(s)
Southwest Partners Fredericksburg
The information being provided by the Central Hill Country Board of REALTORS® is 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.