113 N Armstrong Ave - Multi-Family FOR SALE


Tulia, TX 79088
$197,500 USD
502-645-7739
113 N Armstrong Ave, Tulia, TX for Sale
$197,500 USD
Multi-Family - FOR SALE
1/13
null | 7.18% Cap Rate

113 N Armstrong Ave
Tulia, TX 79088


OVERVIEW

This property has 3 units, the first is a 4 bedroom home with 2 full baths. Property has been rented for the last 10 year with no rent increases. $650 a month. There are two additional 1 bedroom apartments in the back. The bottom unit is rented to a local law enforcement agent for $600 a month. The top units needs rehab finished, some supplies will be left for the new buyer. Great opportunity! Contact me for further details. Unit SF are only approx.

FOR SALE DETAILS

PRICE

$197,500 USD

PRICE/SF

$51 USD /SF

# OF UNITS

3

PRICE/UNIT

$65,833

CAP RATE

7.18%

% LEASED

67%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

113 N Armstrong Ave Tulia TX

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1946

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

BLK 30 N/79' LTS 16-21 OT TULIA

ASK ABOUT THIS PROPERTY

Kim KramerWKF Realty LLCMore Info
502-645-7739

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Kim KramerWKF Realty LLCMore Info
502-645-7739

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.