409 E Austin St - Apartments FOR SALE


Bellville, TX 77418
$715,000 USD
281-940-8843
409 E Austin St, Bellville, TX for Sale
$715,000 USD
Apartments - FOR SALE
1/20
null | 8.81% Cap Rate

409 E Austin St
Bellville, TX 77418


HIGHLIGHTS

  • Strong rental demand and solid tenant base provide reliable income and growth potential for savvy investors
  • Corner Lot with ~10-minute walk to the County Court Square area with retail, dining, and more!
  • All units equipped with all appliances with most new or recently replaced
  • 100% leased, Stabilized Income, in a healthy rental demand market
  • All new or recently replaced HVAC
  • Centered in Bellville, TX, county seat of Austin County

OVERVIEW

Recently renovated multi-family investment property in historic Bellville, Texas with six fully leased units situated on a corner lot with easy access, offering tenants a charming small town living experience at an affordable price point.

FOR SALE DETAILS

PRICE

$715,000 USD

PRICE/SF

$124 USD /SF

# OF UNITS

6

PRICE/UNIT

$119,167

CAP RATE

8.81%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

N/A

APN/PARCEL ID

R000001190

ASK ABOUT THIS PROPERTY

Payton IndermuehleFrieden PropertiesMore Info
281-940-8843

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Payton IndermuehleFrieden PropertiesMore Info
281-940-8843

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.