Reid Meadows- Fourplex for Sale | 13015-13027 Reid Mdws
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Reid Meadows- Fourplex for Sale 13015-13027 Reid Mdws
4 Unit Apartment Building $1,100,000 ($275,000/Unit) 7% Cap Rate Live Oak, TX 78233
Investment Highlights
- Northeast Lakeview College Drive: 4 min 1.5 mi
- Trinity University Drive: 24 min 13.7 mi
- Univ. of the Incarnate Word Drive: 22 min 12.5 mi
Executive Summary
This newly constructed Fourplex is locsated in the intersection of I35 and 1604, Live Oak Tx. It provides roomy 3 bed 2.5 bath with one car garage and a driveway for parking. All units have an elegant granite countertops and comes with convenient features like an Island Kitchen,Pantry, Refridgerator, dishwisher, Microwave, washer/dryer hookups, spacy closets, installed blinds and Ceiling fans in all rooms. Each unit has its own private fenced backyard. Currenlty all the units are occupied by tenanats on a long term lease. Each unit can be rented upto $2000 . It is close to many stores, Ikea, Costco, Wallmart, Target and the Forum Mall, Randolf Airforce base, it is also just a quick drive from Northeast Lakeview College(1.5 miles) and the San Antonio International Airport(10.6 miles). Dont miss out this opportunity.
Property information- 4 units
Education
Colleges & Universities
University Drive Miles
Northeast Lakeview College 4 min 1.5 mi
Univ. of the Incarnate Word 22 min 12.5 mi
Trinity University 24 min 13.7 mi
Property information- 4 units
Education
Colleges & Universities
University Drive Miles
Northeast Lakeview College 4 min 1.5 mi
Univ. of the Incarnate Word 22 min 12.5 mi
Trinity University 24 min 13.7 mi
Financial Summary (Actual - 2023) 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 (Actual - 2023) 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
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Granite Countertops
- Ice Maker
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Walk-In Closets
- Carpet
- Dining Room
- Double Pane Windows
- Freezer
- Island Kitchen
- Pantry
- Smoke Free
- Window Coverings
Site Amenities
- Smoke Free
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 4 | $1,625 | 1,342 - 1,386 |
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PROPERTY TAXES
| Parcel Number | 05048-502-0050 | Total Assessment | $492,320 |
| Land Assessment | $68,710 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $423,610 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
05048-502-0050
Land Assessment
$68,710
Improvements Assessment
$423,610
Total Assessment
$492,320
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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Presented by
Ravi Alguri
Reid Meadows- Fourplex for Sale | 13015-13027 Reid Mdws
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