138 Grey Moss Ct
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138 Grey Moss Ct
2 Unit Apartment Building $375,000 ($187,500/Unit) 7.82% Cap Rate Ingram, TX 78025
Investment Highlights
- Well maintained two unit income producing property located minutes from Ingram Texas.
- Positive NOI of $29,327.00 yielding a 7.82% cap rate.
Executive Summary
Seller may consider Owner financing with substantial down payment.
This has the potential for Owner occupied unit and leased unit.
Well maintained two unit income producing property located minutes from Ingram Texas.
Positive cash flow with minimum maintenance. NOI is $29,327.00, yielding a cap rate of 7.8.
The property is fenced between units giving each privacy.
This has the potential for Owner occupied unit and leased unit.
Well maintained two unit income producing property located minutes from Ingram Texas.
Positive cash flow with minimum maintenance. NOI is $29,327.00, yielding a cap rate of 7.8.
The property is fenced between units giving each privacy.
Financial Summary (Actual - 2022) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$29,327
|
$14.22
|
Financial Summary (Actual - 2022)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $29,327 |
| Annual Per SF | $14.22 |
Property Facts
| Price | $375,000 | Apartment Style | Single Family Home |
| Price Per Unit | $187,500 | Lot Size | 0.82 AC |
| Sale Type | Investment | Building Size | 2,062 SF |
| Cap Rate | 7.82% | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1980/2022 |
| Property Subtype | Apartment |
| Price | $375,000 |
| Price Per Unit | $187,500 |
| Sale Type | Investment |
| Cap Rate | 7.82% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single Family Home |
| Lot Size | 0.82 AC |
| Building Size | 2,062 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1980/2022 |
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Yard
- Breakfast Nook
- Porch
- Window Coverings
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+3 | 2 | $1,338 | - |
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zoning
| Zoning Code | OCL (OCL No Restrictions) |
| OCL (OCL No Restrictions) |
-
Lisa Grove -
Teresa Bailey-Weirich -
Brian Stamness -
Phyllis Browning Commercial
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138 Grey Moss Ct
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