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10623 Mathom Lndg - FlyTDY

4 Unit Apartment Building Offered at $775,000 at a 6.71% Cap Rate in Universal City, TX 78148

Investment Highlights

  • * Fully upgraded, state-of-the-art four units
  • * A private pet walk on the property, enhancing tenant appeal.
  • * Newer HVAC, Appliances ensuring energy efficiency and long-term reliability

Executive Summary

This is a rare investment opportunity. The property includes four fully upgraded, state-of-the-art units. Each unit boasts modern features such as custom-designed light fixtures, ceiling fans, luxury quartz countertops, stainless steel appliances, and durable LVT flooring. All HVAC systems and water heaters have been recently replaced, ensuring energy efficiency and long-term reliability. The building has been freshly painted inside and out, with a sprinkler system installed for added convenience. The property also includes a private pet walk in the back, enhancing tenant appeal. Nestled on a greenbelt lot, this 4-plex is situated directly across from Randolph Brook Air Force Base. Option to purchase furniture is available. Don't miss out on this unique, high-potential investment opportunity!

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $775,000
Price Per Unit $193,750
Sale Type Investment
Cap Rate 6.71%
No. Units 4
Property Type
Multifamily
  • Multifamily Apartments
Lot Size 0.59 AC
Building Size 5,684 SF
No. Stories 2
Year Built/Renovated 2007/2021

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Washer/Dryer
  • Ceiling Fans
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Sprinkler System
  • Stainless Steel Appliances
  • Walk-In Closets
  • Yard
  • Deck
  • Double Pane Windows
  • Family Room
  • Pantry
  • Window Coverings

zoning

Zoning Code MF
MF
  • Listing ID: 34088701

  • Date on Market: 12/4/2024

  • Last Updated:

  • Address: 10623 Mathom Lndg, Universal City, TX 78148

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