3 Home SFR Portfolio in Abilene Texas For Sale
House 1- is 672 sft 2b 1b and is rented for $850 per month.
House 2- (next door to house 1) 1092 sft 3b 1b rented for $1000 per month.
House 3- 836 sft 2 bed 1 bath rented for $945 per month.
All three houses have the same property manager. Rents can most likely be raised
All 3 houses are currently leased. House 3 house a very long term tenant in place.
Financials (USD)
Net Operating Income (Annual) $16,827
Asking Price $300,000
Cap Rate 6%
Additional Details
Street Address 1301 Cypress Street
Building Class Class C Building
Year Built/Renovated 2000
Percent Occupied 100%
Zoning Residential
Deal Terms
Who is Listing the Property? Owner
Broker Co-Op? No
Seller Financing Available? Yes
Seller Willing To Lease? No
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