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801 & 803 Main 101 W Water St

2 Unit Apartment Building $259,885 ($129,943/Unit) 7.72% Cap Rate Victoria, TX 77901

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Executive Summary

Introducing a remarkable investment opportunity in the heart of Victoria - a newly renovated duplex located at 101 & 103 Water Street. This duplex offers two units, each with 3 bedrooms and 1 bathroom, and boasts a prime location, just moments away from downtown Victoria. With a modern touch, beautiful upgrades, freshly painted walls, and new flooring, 101 & 103 Water Street offers a delightful living space for tenants.

101 W Water St Overview Sheet (1)

rent_roll-20230804 (1)

Property Facts

Price	$259,885	Apartment Style	Townhome
Price Per Unit	$129,943	Building Class	C
Sale Type	Investment	Lot Size	0.29 AC
Cap Rate	7.72%	Building Size	1,924 SF
No. Units	2	No. Stories	1
Property Type	Multifamily	Year Built	1950
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$259,885
Price Per Unit	$129,943
Sale Type	Investment
Cap Rate	7.72%
No. Units	2
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Townhome
Building Class	C
Lot Size	0.29 AC
Building Size	1,924 SF
No. Stories	1
Year Built	1950
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.