Golden Key Real Estate & Investment
Listed by Golden Key Real Estate & Investment
$545,000
1006 N Blair Avenue
Details
APN A6350-00-000-0033-00
Property Type Multifamily
Square Footage 4,020
Units 8
Cap Rate 6.54%
NOI $35,624
Occupancy 100%
Tenancy Multi
Price per SqFt $136
Class A
Year Built 2023
Buildings 2
Stories 1
Lot Size (SqFt) 9,600
Zoning multi-family Residential
Parking Spaces spaces
Investment Type Owner/User
Sale Condition N/A
Why Buy New When You Can Buy Resale
Marketing description
Modern style fourplex located in a gated subdivision for sale and is just minutes away from UTRGV campus! This fourplex has two units that are 2 Bedrooms and 2 Bathrooms and two units of 3 Bedrooms and 2 Bathrooms. Inside these units contain all tile floors, quartz countertops, washer, dryer, all stainless-steel kitchen appliances, and a back patio for each unit. If you are looking for a newer type of property where you know it is producing income at the time of purchase, then this modern fourplex can be the one for you. Do not buy a new fourplex; buy a resale fourplex where you will know what the market can bear and is producing income just like this one.
Investment highlights
- All units are occupied
- Built in 2023
- Modern Style
- Two units 2 Bed 2 Bath
- Two units 3 Bed 2 Bath
- Each unit is approximately 1,005 Sq Ft
- Gated Community
- Generating Income at time of closing
Listing Contacts
Golden Key Real Estate & Investment
Listed by Golden Key Real Estate & Investment
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$35,624.00
$2,968.67/mo
Valuation Metrics
0
DSCR
6.54%
Cap Rate
6.54%
ROI
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