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3608 N Chadbourne St
San Angelo, TX 76903
Tuscan Valley Apartments · Multifamily Property For Sale · 23 Units

PROPERTY FACTS

No. Units 23
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.11 AC
Building Size 18,236 SF
Average Occupancy 91%
No. Stories 2
Year Built 1976
Parking Ratio 1.26/1,000 SF

AMENITIES

UNIT AMENITIES

  • Heating
  • Kitchen

ABOUT 3608 N CHADBOURNE ST , SAN ANGELO, TX 76903

This is a vacant, tornado damaged, value add apartment building. Fully rehabbed in 2013 and sold for $750,000 in 2015, its current renovated value is approximately $825,000. The Property needs approximately $400,000 worth of repairs, including a new roof, electrical work, plumbing, flooring, appliances, HVAC, countertops, and fixtures. Approximately 50% of the cabinets and drywall can be salvaged. Property includes a 3 bedroom house which was previously the managers’s residence. There is a large utility room for a laundry facility on site. Stairs, rails, and parking lot are in average to good condition. Local vacancy rates are below national average and rents are trending upward. Cash offers only.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 9 - 450
2+1 8 - 650
3+2 5 - 900

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
38-05670-0002-000-00
Land Assessment
$41,298
Improvements Assessment
$908,702
Total Assessment
$950,000
  • Listing ID: 13030126

  • Date on Market: 6/29/2018

  • Last Updated:

  • Address: 3608 N Chadbourne St, San Angelo, TX 76903

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