Valley View Apartments | 518 Cypress St
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Valley View Apartments 518 Cypress St
12 Unit Apartment Building $1,100,000 ($91,667/Unit) 8.64% Cap Rate Lott, TX 76656
Executive Summary
Conveniently located in the heart of Lott, Texas. This property lies just 26 miles south of Waco and 26 miles east of Temple.
This fully occupied 12-unit apartment complex presents an ideal investment opportunity consisting of four separate buildings. Three buildings consist of 4 units, each housing a two bedroom, one bathroom, with a full kitchen and living room. The fourth building offers a fully functional on-site laundry facility and an office. Contact for more information and financial on the property.
This fully occupied 12-unit apartment complex presents an ideal investment opportunity consisting of four separate buildings. Three buildings consist of 4 units, each housing a two bedroom, one bathroom, with a full kitchen and living room. The fourth building offers a fully functional on-site laundry facility and an office. Contact for more information and financial on the property.
Financial Summary (Actual - 2022) 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 |
Net Operating Income | - | - |
Financial Summary (Actual - 2022) 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 |
Net Operating Income | |
---|---|
Annual | - |
Annual Per SF | - |
Property Facts
Price | $1,100,000 | Property Subtype | Apartment |
Price Per Unit | $91,667 | Lot Size | 1.29 AC |
Sale Type | Investment | Building Size | 10,600 SF |
Cap Rate | 8.64% | Average Occupancy | 100% |
No. Units | 12 | No. Stories | 1 |
Property Type | Multifamily | Year Built/Renovated | 1984/2021 |
Price | $1,100,000 |
Price Per Unit | $91,667 |
Sale Type | Investment |
Cap Rate | 8.64% |
No. Units | 12 |
Property Type | Multifamily |
Property Subtype | Apartment |
Lot Size | 1.29 AC |
Building Size | 10,600 SF |
Average Occupancy | 100% |
No. Stories | 1 |
Year Built/Renovated | 1984/2021 |
Unit Amenities
- Air Conditioning
- Refrigerator
Site Amenities
- Laundry Service
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
2+1 | 12 | - | 875 |
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PROPERTY TAXES
Parcel Number | 40435 | Improvements Assessment | $280,520 (2024) |
Land Assessment | $52,300 (2024) | Total Assessment | $332,820 (2024) |
PROPERTY TAXES
Parcel Number
40435
Land Assessment
$52,300 (2024)
Improvements Assessment
$280,520 (2024)
Total Assessment
$332,820 (2024)
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Valley View Apartments | 518 Cypress St
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