1205-1207 Raleigh St | Plainview, TX 79072
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- LoopNet Team
1205-1207 Raleigh St
Plainview, TX 79072
COLONIAL APARTMENTS · Multifamily Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
- 10 UNIT APARTMENT COMPLEX. REFER TO MARKETING FLYER FOR DETAILS
- LOW TURNOVER. THEREFORE, A LOW VACANCY RATE IS USED IN FINANCIAL PROJECTIONS.
- LAUNDRY ROOM RENOVATED (2017 +/-). EXTERIOR REPAIRS & UPGRADES LAST FEW YEARS.
- HISTORICALLY, PLAINVIEW's DEMAND FOR RESIDENTIAL RENTAL PROPERTY HAS BEEN STRONG.
- SINCE 2011, 2 UNITS HAVE BEEN COMPLETELY UPGRADED & 8 UNITS HAVE HAD VARIOUS UPGRADES.
- SQUARE FOOTAGES FOR BUILDING AND LAND -- BASED ON HALE COUNTY APPRAISAL DISTRICT RECORDS.
PROPERTY FACTS
| No. Units | 10 | Lot Size | 0.42 AC |
| Property Type | Multifamily | Building Size | 6,565 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | ||
| Zoning | RESIDENTIAL | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.42 AC |
| Building Size | 6,565 SF |
| No. Stories | 1 |
| Year Built | 1962 |
| Zoning | RESIDENTIAL |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
- Carpet
- Family Room
SITE AMENITIES
- Courtyard
- Laundry Facilities
ABOUT 1205-1207 RALEIGH ST , PLAINVIEW, TX 79072
10 UNIT COMPLEX ... ALL 1 BEDROOM/1 BATH. ON-SITE LAUNDRY ROOM FOR TENANTS. REFER TO MARKETING FLYER FOR DETAILS. SURVEY AVAILABLE.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 10 | $495.00 | - |
PROPERTY TAXES
| Parcel Number | 10857 | Improvements Assessment | $297,673 |
| Land Assessment | $8,450 | Total Assessment | $306,123 |
PROPERTY TAXES
Parcel Number
10857
Land Assessment
$8,450
Improvements Assessment
$297,673
Total Assessment
$306,123
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