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Browse More Listings in Multifamily For Sale, Austin, TX or Texas

Multifamily Property For Sale

SECTION 8 PACKAGE

8750 BIRMINGHAM DR., Austin, TX 78744

Price:
$9,500,000
No. Units:
75
Building Size:
100,000 SF
Price/Unit:
$126,666.67
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
7.90%
Gross Rent Multiplier:
9.08
Occupancy:
100%
Lot Size:
0.25 AC
Find Out More...

Last Verified 9/28/2009 Listing ID 16064422

Description

PRICED TO SELL!!!10% ROI!! 100% OCCUPIED,$1,000,000 GROSS RENTS IN AUSTIN TEXAS.OWNER WILL HOLD 25% 2ND.
76 SINGLE FAM HOMES ALL SECTION 8 RENTED.ALL PROPERTIES HAVE BEEN UPDATED W/TILE FLOORS NEW APPLIANCES H2O HEATERS ETC.THIS IS A REAL PORTFOLIO WITH ACTUAL #S, NOT PROFORMAS.MANAGEMNT IN PLACE TURNKEY INVESTMENT!!!

76 SFR'S IN 78744/78745

Financial Summary

Actual
Net Operating Income
$810,000

Map of 8750 BIRMINGHAM DR., Austin, TX 78744 (Travis County)

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Presented by

Cashflow Realty and Management Inc

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Contact Listing Broker

Richard Ginsberg (512) 695-8254

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Created 1/19/2009

Additional Information for 8750 Birmingham Drive, Austin, TX 78748

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - SECTION 8 PACKAGE

8750 BIRMINGHAM DR., Austin, TX, 78744