Old Town Spring Properties Square 2 Retail Properties Offered at $1,750,000 in Spring, TX

INVESTMENT HIGHLIGHTS

  • Weekends and Holidays Old Town Spring draws large crowds

EXECUTIVE SUMMARY

Prime investment opportunity. Portfolio of 10 buildings with existing tenants.

TAXES & OPERATING EXPENSES (ACTUAL - 2022)

ANNUAL
Gross Rental Income $130,000
Other Income -
Vacancy Loss -
Effective Gross Income $130,000
Net Operating Income -

PROPERTY FACTS

Price $1,750,000
Price / SF $533.05 / SF
Sale Condition Bulk/Portfolio Sale
Cap Rate 7.43%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 3,283 SF
Total Land Area 0.83 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
123 Midway St, Spring, TX 77373 Retail 2,098 SF 1950 -
26303 Preston Ave, Spring, TX 77373 Retail 1,185 SF 1930 -
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  • Listing ID: 29181255

  • Date on Market: 8/3/2023

  • Last Updated:

  • Address: Old Town Spring Properties Square, Spring, TX