Listed by Florida Homes Realty and Mortgage
$699,000
Cabins
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,500
Net Rentable (SqFt) 3,500
Units 10
Cap Rate 10.91%
NOI $76,266
Occupancy 90%
Pro-Forma Cap Rate 11.73%
Pro-Forma NOI $82,000
Price per SqFt $200
Class C
Year Built 1985,1993
Year Renovated 2023
Buildings 2
Stories 1
Acreage 0.440
Zoning Multifamily/Residential
Investment Type Stabilized
Occupancy Date 03/18/2026
Ground Lease No
Ownership Fee Simple
Sale Condition For sale by owner
10-Unit Cash Flowing Asset | Lake Livingston, TX
Investment highlights
10-unit income-producing property
Strong in-place cash flow
Recently improved asset
High-yield investment opportunity
Upside through rent adjustments and stabilization
Consistent rental demand in the area
Simple operational footprint
Ideal for cash flow-focused investors
Listing Contacts
Listed by Florida Homes Realty and Mortgage
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$76,266.00
$6,355.50/mo
Valuation Metrics
0
DSCR
10.91%
Cap Rate
10.91%
ROI
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Property History
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