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Executive Summary
The Abel Property Group is thrilled to present an excellent investment opportunity -- a remarkable 8-unit Multi-Family complex now officially on the market for sale. Situated with the utmost convenience just south of the 610 North Loop East Freeway, this property is poised to capture the interest of discerning buyers seeking a promising real estate venture.
Originally established in 1950 and subsequently revitalized in 2018, this complex comprises four distinct building, each hosting two well-designed units. The thoughtful layout of the units ensures a balance of privacy and exclusivity for residents, featuring generously sized bedrooms, a comfortable living area, a fully equipped kitchen, and a modern restroom. While in-unit laundry facilities are not provided, the inclusion of hookups offers residents the flexibility to tailer their laundry arrangements to personal preferences.
Parking considerations have been meticulously addresses, with each unit benefitting from an assigned parking spot within the well-maintained concrete lot. To accommodate both residents and guests, supplementary parking is readily available on the adjacent streets, ensuring a hassle-free experience for all.
Owner Financing available for qualified Buyers.
Originally established in 1950 and subsequently revitalized in 2018, this complex comprises four distinct building, each hosting two well-designed units. The thoughtful layout of the units ensures a balance of privacy and exclusivity for residents, featuring generously sized bedrooms, a comfortable living area, a fully equipped kitchen, and a modern restroom. While in-unit laundry facilities are not provided, the inclusion of hookups offers residents the flexibility to tailer their laundry arrangements to personal preferences.
Parking considerations have been meticulously addresses, with each unit benefitting from an assigned parking spot within the well-maintained concrete lot. To accommodate both residents and guests, supplementary parking is readily available on the adjacent streets, ensuring a hassle-free experience for all.
Owner Financing available for qualified Buyers.
Property Facts
| Sale Type | Investment | Building Size | 5,976 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1950 |
| Building Class | C | Parking Ratio | 1.34/1,000 SF |
| Lot Size | 0.34 AC |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 5,976 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1950 |
| Parking Ratio | 1.34/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Washer/Dryer Hookup
- Heating
- Refrigerator
- Oven
- Family Room
Site Amenities
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | $987.50 | 747 |
1 1
Property Taxes
| Parcel Number | 0651220060144 | Improvements Assessment | $583,776 |
| Land Assessment | $86,063 | Total Assessment | $669,839 |
Property Taxes
Parcel Number
0651220060144
Land Assessment
$86,063
Improvements Assessment
$583,776
Total Assessment
$669,839
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4905 Kashmere St
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