2112-2114 E Airline Rd 12 Unit Apartment Building $1,250,000 ($104,167/Unit) 7.50% Cap Rate Victoria, TX 77901

Unlock immediate income with this well-maintained, fully occupied, 12 unit multii-family property located in central Victoria, TX. This property has two apartment buildings with 12 units total. Lot size is approximately .545 acres, with concrete parking lot including 24 parking spaces. Each floorplan boasts beautiful natural lighting that makes these units very inviting and easier to lease. Each unit is a 1 bedroom, 1.5 bath- with loft bedroom upstairs including full bath and walk in closet. Half bath is downstairs with kitchen, laundry area, living area, & opens to a rear patio. All units come equipped with: Stackable washer/dryer unit, refrigerator, stove, dishwasher, and microwave. Each unit additionally equipped with central air & heat unit & electric water heater. Each tenant pays their own electricity. Landlord pays water, trash, security lighting, lawn,& quarterly pest control. This property is positioned in a desirable area due to proximity to the Texas A&M University and the Victoria College Campus. Approximately .4 to .5 mile drive to each campus, approximately 1-2 minute drive to each campus, and approximately 9-11 minute walk to each campus. Close proximity to dining, coffee shops, and shopping. This is a perfect addition to any investor's portfolio- whether you're expanding or entering the multi-family market.