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Village on Hill Street 304-330 S Hill St 15 Unit Apartment Building $1,750,000 ($116,667/Unit) 6.86% Cap Rate Burnet, TX 78611



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- Offering Memorandum
Property Facts
| Price | $1,750,000 | Building Class | C |
| Price Per Unit | $116,667 | Lot Size | 0.77 AC |
| Sale Type | Investment | Building Size | 12,550 SF |
| Cap Rate | 6.86% | Average Occupancy | 100% |
| No. Units | 15 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1983 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | R-3 MF Residential | ||
| Price | $1,750,000 |
| Price Per Unit | $116,667 |
| Sale Type | Investment |
| Cap Rate | 6.86% |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.77 AC |
| Building Size | 12,550 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1983 |
| Opportunity Zone |
Yes |
| Zoning | R-3 MF Residential |
Amenities
Unit Amenities
- Dishwasher
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
Site Amenities
- Courtyard
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | 750 |
| 2+1 | 13 | - | 850 |
1 1
Property Taxes
| Parcel Number | 12505 | Improvements Assessment | $440,116 |
| Land Assessment | $65,619 | Total Assessment | $505,735 |
Property Taxes
Parcel Number
12505
Land Assessment
$65,619
Improvements Assessment
$440,116
Total Assessment
$505,735
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Village on Hill Street | 304-330 S Hill St
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