108 Petry Pl - Apartments FOR SALE
Carrizo Springs, TX 78834 |
108 Petry Pl
Carrizo Springs, TX 78834
HIGHLIGHTS
- This asset has been achieving an impressive NOI of $2,013,682, due to its occupancy rates and business model.
- In recent years trailing occupancy rates ranged from 92.3-94.4%.
- Short-term government and business contracts that have been in use for the past 5+ years.
- Located in a market that is well known for its hunting grounds, fishing, forestry, oil & gas extraction, and mining.
- Sellers are currently re-painting the entire exterior and trim on each of the buildings.
- 9-Acre lot that has two spots already laid out for the expansion of two new buildings, which would add 48 rooms to the current 96
FOR SALE DETAILS
PRICE
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# OF UNITS
-
CAP RATE
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% LEASED
-
BUILDING DETAILS
PROPERTY NAME
LA VILLITA EXTENDED STAY
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
95000
STORIES
3
YEAR BUILT
2011
PARKING SPACES
474
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
91000002002021000
