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403 Sunset Ln
Copperas Cove, TX 76522
Multifamily Property For Sale · 6 Units

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class F
Lot Size 0.25 AC
Building Size 4,144 SF
Average Occupancy 100%
No. Stories 1
Year Built 1974
Parking Ratio 1.45/1,000 SF
Zoning multi fam

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Microwave
  • Heating
  • Kitchen
  • Range

SITE AMENITIES

  • Fenced Lot

ABOUT 403 SUNSET LN , COPPERAS COVE, TX 76522

It's a 10 cap! Absolutely Incredible Opportunity to Purchase an Income Building that has been remodeled to the point Build Year is Being Changed to Effective Year 2019! Original Build Year 1972. Brand New Roof, All new windows, Plumbing, Electrical, Water Heaters, Appliances, Tubs, Tub Walls, Ceramic Tile, Paint, Appliances, Air Conditioners with Heat and Exterior Work! Owner pays water only on one master. Individually metered electric. Tenant pays electric. Brand New Mail Boxes, Pressure Washed Concrete, Ramp going in plus New Privacy Fence being installed all the way around! Market Rents will be able to increase to $595 when construction is complete. Owner pays water only. Brand new building being built next door on the right. Vacant lot on the left. Quiet, small neighborhood in a safe military small town! 95% occupancy rate! $37,800 annual gross rents, $2400 annual water, $2200 insurance, low low maintenance costs as everything is BRAND NEW!! Address populates incorrectly. This sale is for 1 building, 6 units.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 6 $550.00 630

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
118825
Land Assessment
$18,500
Improvements Assessment
$334,170
Total Assessment
$352,670
  • Listing ID: 17742911

  • Date on Market: 11/16/2019

  • Last Updated:

  • Address: 403 Sunset Ln, Copperas Cove, TX 76522

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