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527 W 8th Street #531 $205,000

MLS#: 41092857
Address: 527 W 8th Street #531
City / Zip: Freeport, Texas 77541
Type: Multifamily

3

Bedrooms

Freeport

City

2852

Square Feet

37

Days on Market

Overview

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Perfect investor opportunity. Rent ratio at 1.27 , Cap rate at 14% with a combined vacancy and operating expenses at 10%. Well located for tenant employment and short travel distance. Property currently consist of: three / one bedroom units which should rent for $500.00, one / two bedroom unit which should rent for $650.00 a month and one / three bedroom unit should rent for around $700.00 a month. Each of the five units are individually metered for electricity and there is a single water meter. All offers will be reviewed on 10/26.

This listing is provided courtesy by Terry Evans, Champions Real Estate Group

Map

Map may not be 100% accurate.

Amenities

    Property Amenities

    • Appliances

    • Cooling

      • Window Units
    • Heating

      • Space Heater
    • Roof

      • Composition

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