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1801 NE 1st Ave

4 Unit Apartment Building $538,639 CAD ($134,660 CAD/Unit) 7.58% Cap Rate Mineral Wells, TX 76067

Apartment Buildings Texas Mineral Wells 1801 NE 1st Ave, Mineral Wells, TX 76067

Executive Summary

GREAT INCOME PRODUCER !!!!! TENANTS PAY ALL UTILITY

Financial Summary (Actual - 2023) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $538,639 CAD Property Subtype Apartment
Price Per Unit $134,660 CAD Building Size 2,652 SF
Sale Type Investment Average Occupancy 100%
Cap Rate 7.58% No. Stories 2
No. Units 4 Year Built/Renovated 1968/2018
Property Type Multifamily Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $538,639 CAD
Price Per Unit $134,660 CAD
Sale Type Investment
Cap Rate 7.58%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Size 2,652 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1968/2018
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Amenities

  • Air Conditioning
  • Heating

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 - -
1 of 1

PROPERTY TAXES

Parcel Number 25453 Total Assessment $180,160 CAD (2024)
Land Assessment $18,972 CAD (2024) Annual Taxes -$1 CAD ($0.00 CAD/SF)
Improvements Assessment $161,188 CAD (2024) Tax Year 2023

PROPERTY TAXES

Parcel Number
25453
Land Assessment
$18,972 CAD (2024)
Improvements Assessment
$161,188 CAD (2024)
Total Assessment
$180,160 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2023
(940) 325-9555

Contact

  • Michael Lee
    Michael Lee
  • Premier Properties

  • Listing ID: 33662975

  • Date on Market: 2024-10-28

  • Last Updated:

  • Address: 1801 NE 1st Ave, Mineral Wells, TX 76067

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1801 NE 1st Ave
(940) 325-9555 x

1801 NE 1st Ave

Michael Lee

(940) 325-9555

(940) 325-9555

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