Cabins at Rocky Top 7311 FM 1886 12 Unit Apartment Building $3,400,000 ($283,333/Unit) 6.70% Cap Rate Azle, TX 76020
EXECUTIVE SUMMARY
12 Rental Cabins with room to expand in Azle, TX
PROPERTY FACTS
| Price | $3,400,000 |
| Price Per Unit | $283,333 |
| Sale Type | Investment |
| Cap Rate | 6.70% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 10.04 AC |
| Building Size | 18,200 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2022 |
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Washer/Dryer Hookup
- Ceiling Fans
- Oven
- Dining Room
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 12 | - | 1,400 - 1,500 |
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ZONING
| Zoning Code | none (Outside Azle Zoning) |
