705 S Broad St | Lampasas, TX 76550
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705 S Broad St
Lampasas, TX 76550
Broad Street Apartments · Multifamily Property For Sale
·
6 Units
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 5,216 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1979/2019 |
| Building Class | C | Parking Ratio | 1.92/1,000 SF |
| Zoning | multi-fam | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 5,216 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1979/2019 |
| Parking Ratio | 1.92/1,000 SF |
| Zoning | multi-fam |
AMENITIES
UNIT AMENITIES
- Air Conditioning
ABOUT 705 S BROAD ST , LAMPASAS, TX 76550
Fantastic Updated 6 unit Complex with Common Laundry Area and Storage Facilities. 5, 2-2 Bedroom, 1 Bath Apartments and 1, 1-Bedroom, 1 Bath Apartment. Net Operating Income of $30,000 per year Boasts a 8.5% cap rate! Updates include, new paint, new handrails, new staircase and new 30-year architectural roof installed all this year! Great Tenants and High Occupancy Rates! Few Rentals in Lampasas keep this complex fully occupied!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 5 | $622.50 | - |
| 1+1 | 1 | $575.00 | - |
PROPERTY TAXES
| Parcel Number | 1258 | Improvements Assessment | $146,920 |
| Land Assessment | $14,200 | Total Assessment | $161,120 |
PROPERTY TAXES
Parcel Number
1258
Land Assessment
$14,200
Improvements Assessment
$146,920
Total Assessment
$161,120
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