Discover this one-of-a-kind investment opportunity in the Texas triangle with this recently renovated 16-unit complex boasting cap rate and price per door below the comps. $230k in renovations between 2018-2024. The proforma is very conservative, and does NOT include multiple value add opportunities - contact agent for details. 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 with plumbing where more units can be built. No building restrictions, building permits are not required either. 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 current tax appraised value).