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- LoopNet Team
1310 S 23rd St
Temple, TX 76504
Wind Crest Apartments · Multifamily Property For Sale
·
16 Units
PROPERTY FACTS
| No. Units | 16 | Construction Status | Demolished |
| Property Type | Multifamily | Building Size | 7,228 SF |
| Property Subtype | Apartment | Average Occupancy | 88% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | F | Year Built | 1975 |
| Lot Size | 0.43 AC | Parking Ratio | 4.43/1,000 SF |
| Zoning | MF-2 | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | F |
| Lot Size | 0.43 AC |
| Construction Status | Demolished |
| Building Size | 7,228 SF |
| Average Occupancy | 88% |
| No. Stories | 2 |
| Year Built | 1975 |
| Parking Ratio | 4.43/1,000 SF |
| Zoning | MF-2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Washer/Dryer
- Heating
- Refrigerator
- Oven
- Range
- Carpet
SITE AMENITIES
- Courtyard
ABOUT 1310 S 23RD ST , TEMPLE, TX 76504
10 CAP. 16 Unit Multi-Family. 88 percent occupancy. 2017 Tax Return $70,462 NOI. Proforma $29,603 Net Cash Flow. No rent increase since 2017. Increase rents 5% and lease 2 vacant units to increase Net Cash Flow by 65% to $48,941. At 5 MIN drive time, 31,966 daytime workforce vs. 13,468 residents indicating unmet demand for local housing. % of daytime workforce vs. residents is 65% higher at 5 MIN drive time vs. Temple. Adjoining census tracts to north and east are HUD Qualified Census Tracts confirming unmet local demand for low income housing. On site manager in lieu of rent. 18,900 SF lot. Not in Flood Zone. Temple ISD. 56 Walkscore. Under 1 MI to Scott & White and VA Hospitals and Scott & White Santa Fe Clinic. Just over 1 MI to Children’s Hospital and Temple Mall. 1.4 MI to I35 at Central AVE. 1.4 MI to US190 at 31st ST. Owner: LAUGHLIN REAL ESTATE MANAGEMENT LLC SERIES WINDCREST APARTMENTS Address: 1310 S 23rd ST, Temple, TX 76504 Legal: Property ID: 63138 Legal Description: TAL-COE PLACE, BLOCK 022, LOT 10, 12, PT 8, (S 35' OF 8), VILLA SIXTEEN APTS & BUSINESS PERSONAL PROPERTY Geographic ID: 0120150000 Improvements*: Style: 2 story Configuration: Multi-family Units: 16 Year Built: 1975 HVAC Living Area: 7,228 SF | 671.5 m2* Asphalt Paving: 5,125 SF | 476.13 m2* *m2 calculations by SWPRE Land: Size*: 0.43 acres | 18,900 SF | 0.1755 hectares | 1,755.9 m2 Frontage: 135' Depth: 140' *Calculations by SWPRE Property Taxes: Paid 2018: $7,142.51 2018 taxes without exemptions: $7,142.51 Tax Rate: 12.73298 Exemptions: No Directions 1.4 MI from US 190 (SE HK Dodgen Loop) at 31st ST Travel N on 31st ST 1.1 MI Turn right (E) on Ave M 0.3 MI Turn right (S) on 23rd ST Property on your right 1.4 MI from I35 at Central AVE Travel E of Central AVE 0.1 MI Turn right (S) on 31st ST 0.9 MI Turn left (E) on Ave M 0.3 MI Turn right (S) on 23rd ST Property on your right 3% Buyer Broker Commission Only requirements for payment of 3% buyer broker commissions: Texas Broker License and submit contract that escrows, closes and funds.
PROPERTY TAXES
| Parcel Number | 63138 | Improvements Assessment | $0 |
| Land Assessment | $63,882 | Total Assessment | $63,882 |
PROPERTY TAXES
