Shary Landing | 1300 S Yankton St
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Shary Landing 1300 S Yankton St
4 Unit Apartment Building $705,900 CAD ($176,475 CAD/Unit) 7.50% Cap Rate Alton, TX 78573
Investment Highlights
- High Occupancy
- Gated Multi Family Subdivision, Prime Location
Executive Summary
Fourplexes for sale in gated multifamily community in Alton, TX . Fourplexes built 2023. All Fourplexes in subdivision have a modern uniform facade. The fourplex has the front units being 2bedroom/2bath and back units being 3bedroom/2bath. Units have a modern open concept floorplan with wood like tile throughout (no carpet). Kitchen custom cabinets, large island with quartz/granite countertops.Spacious bedrooms with large closets. Master bedroom has a bathroom with tiled shower with glass door and spacious closet.All units have their own private fenced backyard. The back units will have a grassed backyard and the front units will have a grassed side yard. Stainless steel refrigerators, stoves, microwaves included as well as washer and dryer. 8 Carport Designated Spaces per fourplex. Great Investment Opportunity, Immediate Cash Flow! Fully Leased!
There are 5 Fourplexes available (20 doors) for sale at $498,000 EACH fourplex (4 doors). Buildings can be sold as a bulk or individually.
Some Fourplexes have white cabinets and others have brown cabinets. Some finishes may vary*
If you have any questions, please feel free to contact me!
LA is related to Seller. LA/Owner. Seller is a licensed real estate agent in Texas.
There are 5 Fourplexes available (20 doors) for sale at $498,000 EACH fourplex (4 doors). Buildings can be sold as a bulk or individually.
Some Fourplexes have white cabinets and others have brown cabinets. Some finishes may vary*
If you have any questions, please feel free to contact me!
LA is related to Seller. LA/Owner. Seller is a licensed real estate agent in Texas.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$80,796
|
$19.93
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$80,796
|
$19.93
|
| Taxes |
$15,918
|
$3.93
|
| Operating Expenses |
$12,013
|
$2.96
|
| Total Expenses |
$27,931
|
$6.89
|
| Net Operating Income |
$52,865
|
$13.04
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $80,796 |
| Annual Per SF | $19.93 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $80,796 |
| Annual Per SF | $19.93 |
| Taxes (CAD) | |
|---|---|
| Annual | $15,918 |
| Annual Per SF | $3.93 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $12,013 |
| Annual Per SF | $2.96 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $27,931 |
| Annual Per SF | $6.89 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $52,865 |
| Annual Per SF | $13.04 |
Property Facts
| Price | $705,900 CAD | Building Class | B |
| Price Per Unit | $176,475 CAD | Lot Size | 0.24 AC |
| Sale Type | Investment | Building Size | 4,054 SF |
| Cap Rate | 7.50% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2023 |
| Property Subtype | Apartment | Parking Ratio | 1.97/1,000 SF |
| Apartment Style | Townhome |
| Price | $705,900 CAD |
| Price Per Unit | $176,475 CAD |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.24 AC |
| Building Size | 4,054 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2023 |
| Parking Ratio | 1.97/1,000 SF |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Granite Countertops
- Vaulted Ceiling
- High Speed Internet Access
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Wi-Fi
- Yard
- Dining Room
- Double Pane Windows
- Family Room
- Framed Mirrors
- Freezer
- Instant Hot Water
- Island Kitchen
- Lawn
- Window Coverings
Site Amenities
- Controlled Access
- Fenced Lot
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 2 | $1,595 CAD | 949 |
| 3+2 | 2 | $1,807 CAD | 1,078 |
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zoning
| Zoning Code | Multi - Family (Multi Family Community) |
| Multi - Family (Multi Family Community) |
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Daniela Perez
Shary Landing | 1300 S Yankton St
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