1105 Westwood Ln - Apartments FOR SALE
Giddings, TX 78942 |
1105 Westwood Ln
Giddings, TX 78942
HIGHLIGHTS
- - New ownership, based upon area rent comps, can raise rents up to $130 / unit
- - The property is adjacent to Altman Plants and accessible via 2 major Texas highways
- - The subject property grew rents 13% - 14% year over year with a 0% vacancy rate
- - All roofs were replaced 2 years ago
- - New ownership has the opportunity to implement interior renovation program
- - With rent bump, new ownership can achieve an annual NOI of $502,751
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
TEX Villas
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
50112
STORIES
2
YEAR BUILT
1981
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
19306,22376
