Winkler & Company Realtors, Menley Group Logo
Description Open House Details Location Market Trends Schools
$1,199,000 Est. $4,415 / mo.*

130 Town Street Centerville , TX 75833

Property listed by Real 512-960-3253 {attribution_contact}

Description

10,544 Sqft
45,738 Sqft lot
1.05 Acre lot
Status: Active
Property Type: Multifamily
Year Built: 2013
Days on Website: 2
Discover this one-of-a-kind investment opportunity in the Texas Triangle with this recently renovated 16-unit complex boasting competitive cap rate and price per door! $230k in renovations between 2018-2024, and the property still allows for multiple value add opportunities! The property boasts two main buildings - 2013 build and 1988 build - with 8 units each, plus a freestanding clubhouse & laundry room, 32-car parking lot, a slab where 8 more units can be built, and 1.05 acre lot providing plenty of room for expansion. All units are identical 2 bed/1 bath with functional floorplan, allowing for easier management. The property has almost no competition in Centerville and is 100% occupied as a result! It is professionally managed and has great long-term tenants in place. Finally, this property boasts effective tax rate of only 0.55% (based on the tax appraisal value).

Open House

Property Details and Features

Property Access
Concrete
Building
2 total stories
Built in 2013
10544 total building sqft
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BrickVeneer
Frame
HardiplankType
Disclosures
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Contact an Agent

Winkler & Company Realtors, Menley Group

512-281-3336

Location

$1,199,000 -
130 Town Street Centerville , TX 75833
County: Leon

Street View

Nearby Schools

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