501 Sunset LN, Copperas Cove, TX 76522
sale
$350,000
|
Apartment
Courtesy Of KWRI-1, LTD
FULLY OCCUPIED EXPECTED CAP UPON RENEWAL 9.81%, CURRENT CAP 7.63%
Each unit features 2 Beds, 1 Bath! Fresh paint, recessed can lighting, remodeled kitchen with new appliances, remodeled bathrooms & hard flooring throughout
Current tenants are paying $525 per month. Market shows that units could easily rent for $600-$650. Comparable apartments in area are not remodeled and the current owner has never listed the properties as for lease/ only word of mouth (investors gain)! Once priced and marketed appropriately over 7% cap rate expected
Each unit features 2 Beds, 1 Bath! Fresh paint, recessed can lighting, remodeled kitchen with new appliances, remodeled bathrooms & hard flooring throughout
Current tenants are paying $525 per month. Market shows that units could easily rent for $600-$650. Comparable apartments in area are not remodeled and the current owner has never listed the properties as for lease/ only word of mouth (investors gain)! Once priced and marketed appropriately over 7% cap rate expected
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Copyright © 2021 Austin Board Of REALTORS® MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: 41-50 Years Old
- Architecture Style: Other
- Cooling System: Central A/C
- Exterior Type: Brick
- Exterior Type: Masonry
- Floor Covering: Tile
- Floors: 1.0
- MLSID: 9915702
- Parking Spaces: 7
- Parking Type: Assigned
- Parking Type: Zoned Permit
- Parking Type: Parking Lot
- Roof Type: Unknown
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