mission hill 4plex | 2406 Mission Hill Dr
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mission hill 4plex 2406 Mission Hill Dr
4 Unit Apartment Building $993,978 CAD ($248,495 CAD/Unit) Austin, TX 78741
Executive Summary
Wonderful 4-plex with 2 bedroom and 1 bath in each unit.second floor units have balconies with a washer dryer closet off the balcony. Community fenced area with BBQ and room to have family get-togethers . Off street parking. Property had major upgrades in 2011 with included new roof, elec tribal, plumbing, insulation etc. Full remodel all the way down to the studs on all units, new HVAC in every unit-owner spent in excess of $100K to upgrade property. Property in excellent condition. Owner pays taxes and insurance-tenants pay all utilities.
Financial Summary (Actual - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$93,425
|
$25.33
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$93,425
|
$25.33
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $93,425 |
| Annual Per SF | $25.33 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $93,425 |
| Annual Per SF | $25.33 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $993,978 CAD | Lot Size | 0.19 AC |
| Price Per Unit | $248,495 CAD | Building Size | 3,688 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Sale Conditions | 1031 Exchange | No. Stories | 2 |
| No. Units | 4 | Year Built/Renovated | 1969/2011 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment |
| Price | $993,978 CAD |
| Price Per Unit | $248,495 CAD |
| Sale Type | Investment |
| Sale Conditions | 1031 Exchange |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Lot Size | 0.19 AC |
| Building Size | 3,688 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1969/2011 |
| Opportunity Zone |
Yes |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer Hookup
- Ceiling Fans
- High Speed Internet Access
- Refrigerator
- Range
- Tub/Shower
- Double Pane Windows
- Pantry
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+4 | 4 | $2,204 CAD | 922 |
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PROPERTY TAXES
| Parcel Number | 291218 | Improvements Assessment | $786,415 CAD |
| Land Assessment | $244,865 CAD | Total Assessment | $1,031,280 CAD |
PROPERTY TAXES
Parcel Number
291218
Land Assessment
$244,865 CAD
Improvements Assessment
$786,415 CAD
Total Assessment
$1,031,280 CAD
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mission hill 4plex | 2406 Mission Hill Dr
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