501 Sunset Ln | Copperas Cove, TX 76522
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501 Sunset Ln
Copperas Cove, TX 76522
6 Plex · Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Six units, 750 sq ft each.
- Recessed lighting, remodeled bathrooms, fresh paint, and hard flooring throughout.
- Current Cap Rate 8.14% - future projected cap rate for 2021 is 10.46%.
- Each unit includes 2 beds and 1 bath.
- Fully Occupied with current NOI of $30,514.
- Located 10 miles from Fort Hood and less than 1 mile from Hwy 190.
PROPERTY FACTS
| No. Units | 6 | Building Size | 4,503 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1971/2020 |
| Lot Size | 0.24 AC |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.24 AC |
| Building Size | 4,503 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1971/2020 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 6 | $587.50 | - |
PROPERTY TAXES
| Parcel Number | 118828 | Improvements Assessment | $213,490 |
| Land Assessment | $18,500 | Total Assessment | $231,990 |
PROPERTY TAXES
Parcel Number
118828
Land Assessment
$18,500
Improvements Assessment
$213,490
Total Assessment
$231,990
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