4125 Augusta St | Vernon, TX 76384
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- LoopNet Team
4125 Augusta St
Vernon, TX 76384
Augusta Apartments · Multifamily Property For Sale · 74 Units
Investment Highlights
- Strategic location adjacent to a major intersection off US - 287
- Opportunity to acquire a well-located property with a track record of predictable cash flow and hands-on management.
- Vernon MSA has seen 7% population growth since 2010. Median home value rose 6.4% last year.
- Strong business growth in Vernon.
- Current owner has replaced majority of the HVAC units, put in newer appliances, and replaced carpet with faux wood vinyl planks.
PROPERTY FACTS
| No. Units | 74 | Building Size | 70,371 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1973 |
| Building Class | C | Parking Ratio | 2.62/1,000 SF |
| Lot Size | 5.59 AC |
| No. Units | 74 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 5.59 AC |
| Building Size | 70,371 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1973 |
| Parking Ratio | 2.62/1,000 SF |
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Refrigerator
- Oven
- Range
- Freezer
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Playground
- Pool
- Basketball Court
- Plus 15
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 13 | - | 605 |
| 2+1 | 24 | - | 768 |
| 2+2 | 23 | - | 826 |
| 3+2 | 14 | - | 996 |
PROPERTY TAXES
| Parcel Number | 248001 | Improvements Assessment | $950,150 |
| Land Assessment | $36,340 | Total Assessment | $986,490 |
PROPERTY TAXES
Parcel Number
248001
Land Assessment
$36,340
Improvements Assessment
$950,150
Total Assessment
$986,490
zoning
| Zoning Code | None |
| None |
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