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Indianola Apartments 657 W 4th St 18 Unit Apartment Building $495,000 ($27,500/Unit) 6.46% Cap Rate Yorktown, TX 78164
Executive Summary
Investor Opportunity! 18 apartment rental units available in Yorktown, Texas priced with room for renovations. The property consists of 6 total buildings and sits on 1.32 acres of land. 12 of the units are 2 bed/1 bath, and 6 units are 1 bed/1 bath. There is a community laundry room on the property with two washers and two dryers that provide additional income. The location of the property is within walking distance of restaurants, hardware and dollar stores, as well as the Yorktown ISD school campuses. Please call for more information.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
| Price | $495,000 | Apartment Style | Garden |
| Price Per Unit | $27,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.00 AC |
| Cap Rate | 6.46% | Building Size | 14,580 SF |
| No. Units | 18 | Average Occupancy | 72% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1975 |
| Price | $495,000 |
| Price Per Unit | $27,500 |
| Sale Type | Investment |
| Cap Rate | 6.46% |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 14,580 SF |
| Average Occupancy | 72% |
| No. Stories | 1 |
| Year Built | 1975 |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 12 | - | - |
| 1+1 | 6 | - | - |
1 1
Property Taxes
| Parcel Number | 19457 | Total Assessment | $397,180 (2025) |
| Land Assessment | $14,030 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $383,150 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
19457
Land Assessment
$14,030 (2025)
Improvements Assessment
$383,150 (2025)
Total Assessment
$397,180 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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Indianola Apartments | 657 W 4th St
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