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Z & K Apartments 6 N Main St

24 Unit Apartment Building $1,372,133 CAD ($57,172 CAD/Unit) 8.21% Cap Rate Booker, TX 79005

INVESTMENT HIGHLIGHTS

  • brand new roofing and siding

EXECUTIVE SUMMARY

Amazing Investment in Booker, TX. Owner is selling both of his apartment complexes. Twenty-four 2 story units with washer/dryer hook-ups. Twenty-two 2/1.5 units with fireplaces, and Two 2/1 units without fireplaces. Both complexes were appraised 5 years ago for 1 million. New roofs and siding have been installed on both in the last few years, AFTER the appraisal. Both for $950,000 or one for $500,000. If you just want one, you can choose which one and he’ll keep the other one. If interested call Randy Ratliff with Virtual Realty, LLC at 8026-236-0708

PROPERTY FACTS

Price $1,372,133 CAD
Price Per Unit $57,172 CAD
Sale Type Investment
Cap Rate 8.21%
Sale Conditions
Bulk/Portfolio Sale
  • Business Value Included
No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.23 AC
Building Size 12,368 SF
Average Occupancy 92%
No. Stories 2
Year Built/Renovated 1980/2019

UNIT AMENITIES

  • Air Conditioning
  • Disposal
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range

SITE AMENITIES

  • 24 Hour Access

ABOUT 6 N MAIN ST , BOOKER, TX 79005

Both Apartment Complexes are only 2 Blocks apart from each other. Only one vacancy that they use for storage.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1.5 22 - -
2+1 2 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R000052150
Land Assessment
$4,004 CAD
Improvements Assessment
$238,970 CAD
Total Assessment
$242,974 CAD
  • Listing ID: 33646925

  • Date on Market: 2024-10-26

  • Last Updated:

  • Address: 6 N Main St, Booker, TX 79005

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