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600 W Sadosa St
Eastland, TX 76448
Sadosa Ridge · Multifamily Property For Sale · 68 Units
Investment Highlights
- Over $720,000 in Capital Improvements Over Past Three Years
- Located Walking Distance (0.5 Miles) From Elementary School, Middle School, and High School
- Proven Value Add Program, 50% of Units Remain to be Upgraded
- Agency Loan Available at 70% LTV with Significant Interest Only Period
PROPERTY FACTS
| No. Units | 68 | Lot Size | 3.95 AC |
| Property Type | Multifamily | Building Size | 70,000 SF |
| Property Subtype | Apartment | Average Occupancy | 97% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | B | Year Built | 1973 |
| No. Units | 68 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 3.95 AC |
| Building Size | 70,000 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1973 |
Unit Amenities
- Air Conditioning
- Ceiling Fans
- Refrigerator
- Walk-In Closets
- Window Coverings
Site Amenities
- Laundry Facilities
- Picnic Area
- Playground
- Property Manager on Site
- Grill
- Laundry Service
About 600 W Sadosa St , Eastland, TX 76448
Rowan Properties is pleased to announce the exclusive listing of Sadosa Ridge in Eastland, Texas. Sadosa Ridge consists of 68, one- two- and three-bedroom units with an average unit size of 864 square feet per unit. The offering provides a new investor a great opportunity to buy a stable, cash flowing asset with additional upside through the completion of the interior value add program already proven up by the current owner. In addition, the property has had over $720,000 worth of capital improvements completed over the past three years and has little to no deferred maintenance items.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 17 | - | 646 |
| 2+1 | 34 | - | 896 |
| 3+2 | 17 | - | 1,008 |
PROPERTY TAXES
| Parcel Number | 12497 | Improvements Assessment | $2,778,240 |
| Land Assessment | $33,570 | Total Assessment | $2,811,810 |
PROPERTY TAXES
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