UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,303 sqft
Price per Sqft $178
Subdivision Paradise Heights
MLS Listing ID 9160651
Year Built 2023
Annual Tax Amount $29,746
Tax Year 2024
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Multi Family
Source actris
Property Description
Live Oak Apartments is A STABLIZED AND TURNKEY MULTIFAMILY OFFERING IN CENTRAL TEXAS!! Major remodel leaving negligible deferred maintenance. Per sellers, remodeled everything other than structure, foundation and exterior walls. Below are the highlights:
1. Strong Cashflow investment in Central TX.
2. Major remodel finishing May 2023 leaving no deferred maintenance.
3. Ability to monitor utility consumption remotely and leases structured with utility reimbursement.
4. Strong 100% Cost Segregation potential with no significant capital reserves required in budgeting.
5. Existing property management willing to stay in place.
6. Lean expense ratio and high yield for the area.
Location
State TX
County Blanco
Area Bl
Interior
Heating Central
Cooling Central Air
Flooring Vinyl
Fireplace N
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View None
Accessibility None
Total Parking Spaces 30
Building
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick,HardiPlank Type
New Construction No
Others
Restrictions City Restrictions
Acceptable Financing Cash, Conventional
Tax Rate 1.708
Listing Terms Cash, Conventional
Special Listing Condition Standard
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