108 Petry Pl | Carrizo Springs, TX 78834
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108 Petry Pl
Carrizo Springs, TX 78834
LA VILLITA EXTENDED STAY · Multifamily Property For Sale
·
96 Units
Investment Highlights
- This asset has been achieving an impressive NOI of $2,013,682, due to its occupancy rates and business model.
- Short-term government and business contracts that have been in use for the past 5+ years.
- Sellers are currently re-painting the entire exterior and trim on each of the buildings.
- In recent years trailing occupancy rates ranged from 92.3-94.4%.
- Located in a market that is well known for its hunting grounds, fishing, forestry, oil & gas extraction, and mining.
- 9-Acre lot that has two spots already laid out for the expansion of two new buildings, which would add 48 rooms to the current 96
Property Facts
| No. Units | 96 | Building Size | 95,000 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2011 |
| Apartment Style | Garden | Parking Ratio | 6.24/1,000 SF |
| Building Class | B | Cross Streets | Hwy 83 |
| Lot Size | 22.16 AC | ||
| Zoning | F1 | ||
| No. Units | 96 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 22.16 AC |
| Building Size | 95,000 SF |
| No. Stories | 3 |
| Year Built | 2011 |
| Parking Ratio | 6.24/1,000 SF |
| Cross Streets | Hwy 83 |
| Zoning | F1 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 24 | - | 750 |
| 2+2 | 48 | - | 1,100 |
| 3+2 | 24 | - | 1,300 |
Property Taxes
| Parcel Number | 91000002002021000 | Improvements Assessment | $6,994,275 |
| Land Assessment | $274,245 | Total Assessment | $7,268,520 |
Property Taxes
Parcel Number
91000002002021000
Land Assessment
$274,245
Improvements Assessment
$6,994,275
Total Assessment
$7,268,520
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