Listed by Keller Williams Laredo
$625,000
5-Unit Townhome Investment – Carrizo Springs
Details
Property Type Multifamily
Sub Type Apartment Building
Cap Rate 8.51%
NOI $53,187
Brand New 2024 Construction with Immediate Cash Flow & Upside
Investment highlights
New Construction (2024): Minimal maintenance and modern design
Value-Add Opportunity: Lease-up potential with 1 vacant unit
Strong In-Place Income: $53K NOI with upside
Projected 10%+ Cap Rate at Stabilization
Townhome-Style Units: Attractive to tenants, higher retention potential
Growing Rental Market: Carrizo Springs, TX
Listing Contacts
Listed by Keller Williams Laredo
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$53,187.00
$4,432.25/mo
Valuation Metrics
0
DSCR
8.51%
Cap Rate
8.51%
ROI
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