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Aura Square Apartments 3902 Sherwood Way 41 Unit Apartment Building $2,499,000 ($60,951/Unit) San Angelo, TX 76901

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INVESTMENT HIGHLIGHTS

  • Aura Square - Community with Court Yard
  • Walking Distance to Sunset Mall and all Major Retail Shops
  • Laundry Room & Swimming Pool

EXECUTIVE SUMMARY

Aura Square Apartments Offering a Distinctive Comfort of Atmosphere for Tenants to live. The Aura Square Apartments are located where Affordability and Sense of Community meet the Booming Retail side of San Angelo Texas for both Employment and Retail Therapy. This Prime Location is Available to Investors with over a 92% Tenant Occupancy. The Aura Square features 1 and 2 Bedrooms Apartment Units with Amenities to enjoy such as Best Location, Easy Access, Large Parking Lot, Private Common Court Yard w/ Palapa, Fenced Swimming Pool for Safety, minutes from Sunset Mall and within Walking Distance from all Major Retail. All Apartment Unit Appliances ( Refrigerator - Stove ) convey with the Sale including all available Swimming Pool Equipment & Supplies. Laundry Room available to Tenants provided by Coinmach with a 60% Profit Share Agreement. A Financial Opportunity to any Major Investors Portfolio, Contact us for more information including Financials with a Signed NDA.

ATTACHMENTS

NDA - Aura Square Aparments
Commercial Property Condition Statement - 722

PROPERTY FACTS

Price $2,499,000
Price Per Unit $60,951
Sale Type Investment
Sale Condition 1031 Exchange
No. Units 41
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 1.15 AC
Building Size 40,000 SF
Average Occupancy 92%
No. Stories 2
Year Built/Renovated 1977/2023
Parking Ratio 0.05/1,000 SF
Zoning Commercial - Low-Rise, Multi-Family Residential ( RM-1 )

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Ceiling Fans
  • Eat-in Kitchen
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Family Room
  • Vinyl Flooring

SITE AMENITIES

  • 24 Hour Access
  • Laundry Facilities
  • Pool
  • Smoke Free
  • Maintenance on site

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 32 $825.00 360
2+1 8 $1,150 555
Studios 1 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
26-48300-0024-008-00
Land Assessment
$326,690
Improvements Assessment
$1,316,660
Total Assessment
$1,643,350
  • Listing ID: 35444528

  • Date on Market: 4/10/2025

  • Last Updated:

  • Address: 3902 Sherwood Way, San Angelo, TX 76901

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