2626 Ave C
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2626 Ave C
4 Unit Apartment Building $1,197,799 CAD ($299,450 CAD/Unit) 10.99% Cap Rate Ingleside, TX 78362
INVESTMENT HIGHLIGHTS
- 100% Occupied
- 4 Conex Shipping Containers
- 2 miles from Kiewit Offshore
EXECUTIVE SUMMARY
This multi-unit 4-plex property is a stellar investment. Built to last in 2023 from 4 Conex shipping containers repurposed to modern day living spaces to to ensure peace of mind and security. Sitting on .35 acres this Two-story, four 800 square foot units are FULLY Tenant occupied and furnished. Inside, each unit has been thoughtfully designed with an open floor plan that maximizes space and provides plenty of natural light. Additionally, each unit is equipped with furnishings, TV & a full kitchen that includes modern appliances and ample storage space for all your cooking needs. Central a/c heat, laminate flooring, solid counters, well insulated, efficient and more.
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,197,799 CAD | Apartment Style | Low Rise |
| Price Per Unit | $299,450 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.36 AC |
| Cap Rate | 10.99% | Building Size | 3,204 SF |
| Gross Rent Multiplier | 32 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2023 |
| Property Subtype | Apartment |
| Price | $1,197,799 CAD |
| Price Per Unit | $299,450 CAD |
| Sale Type | Investment |
| Cap Rate | 10.99% |
| Gross Rent Multiplier | 32 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.36 AC |
| Building Size | 3,204 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2023 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $3,120 CAD | 800 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $252,527 CAD | |
| Land Assessment | $132,136 CAD | Total Assessment | $384,663 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$132,136 CAD
Improvements Assessment
$252,527 CAD
Total Assessment
$384,663 CAD
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2626 Ave C
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