2901 Other, Temple, TX 76504
sale
$580,651
|
Commercial Sale
Courtesy Of Southwest Partners & Global Partners - FBG
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.
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Property Features
- Architecture Style: Other
- Building Units: 7
- Cooling System: Window Unit(s) A/C
- Cooling System: Central A/C
- Exterior Type: Brick Veneer
- Heating Fuel: Electric
- Heating System: Central Furnace
- MLSID: 79417
- Roof Type: Composition Shingle
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