1200 W Houston St - Apartments FOR SALE


Carrizo Springs, TX 78834
$695,000 USD
210-264-8897
1200 W Houston St, Carrizo Springs, TX for Sale
$695,000 USD
Apartments - FOR SALE
1/19
null | 8.6% Cap Rate

1200 W Houston St
Carrizo Springs, TX 78834


HIGHLIGHTS

  • Excellent Condition & Well-Maintained
  • Accessible to Highway 277
  • Excellent Occupancy Levels

OVERVIEW

PRICE IMPROVEMENT. Prime Investment Opportunity. Excellent condition. Fully-Occupied. This well-maintained six-unit apartment offers an excellent investment opportunity in Carrizo Springs. Each unit spans 985 SF and features 2 Bedrooms, 1 Bath, spacious living areas, and full kitchens. Additionally, every unit is equipped with washer / dryer connections for added tenant convenience. With a strong rental history and a prime location near local amenities, schools, and parks, this property has had steady rental income. The complex offers parking and a low-maintenance exterior. A perfect opportunity for investors seeking reliable income in a growing community!

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$89 USD /SF

# OF UNITS

6

PRICE/UNIT

$115,833

CAP RATE

8.6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1200 West Houston Street, Carrizo Springs, TX

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2021

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

R-2

APN/PARCEL ID

14426

ASK ABOUT THIS PROPERTY

Rob Rodriguez, CCIM, MBAVerde CommercialMore Info
210-264-8897

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Rob Rodriguez, CCIM, MBAVerde CommercialMore Info
210-264-8897

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