26 Plex Apt Bldng For Sale, Interior Walk-Thru - Lockhart TX, 30 Miles South of Austin TX

26-plex cash-cow in Lockhart. 2 solid buildings consisting of Eighteen 2bds/1ba & Eight 1bd/1ba units. Solid Class B. Room for upside in rents by updating units. Only $30,730 per door AND ONLY $48.82 PSF. Owner finance with $100k down and/or assumable loan might be available. 30 year note, fully amortized, fixed rate 7%. Financials reflect actual 2009 numbers NOI $68,892. The asset is cash-flowing now and there is room for improvement with increased operational efficiencies & rental rates. Occupancy is currently 92.5%. Opportunity is knocking at your door. Let this baby be your golden goose retirement plan. Call E. Scott for Details. (Five One Two) Seven Five Seven - Four Four Four Four.

Category:

People & Blogs

Tags:

• Apt for sale
• multi-family apts
• Lockhart 26plex
• 28unit
• 26 units
• apartment complex for sale
• austin tx
• lockhart tx
• 700 N. Medina St.