Historical Multifamily Sale Listing - Timothy apartments

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Timothy apartments

5105 Timothy, Texas City, TX 77591

N/A

15 Units | Multifamily

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Building 1

Multifamily Property - Off Market

Price:
N/A
No. Units:
15
Building Size:
9,721 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
10.60%
Occupancy:
95%
Lot Size:
33,810 SF
Listing ID
15553211
Last Updated
over 1 year ago

Description

Excellent Investment, positive cash flow! 3 Buildings on 3 lots in Excellent location. Sec 8 qualified. Seperately metered with new roof on two of the bldgs. Large courtyard, plenty of parking. Most units already updated. Several long term tenants. Room for rent increase. 95 % occupied, soon to be 100 %. Walking distance to shopping and transportation.

Right off FM 1765 and State Highway 3.

Map of 5105 Timothy, Texas City, TX 77591 (Galveston County)

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