1306 E 12th St - Apartments FOR SALE
Big Lake, TX 76932 |
$3,900,000 USD
512-270-5880
1306 E 12th St
Big Lake, TX 76932
HIGHLIGHTS
- 2016 vintage with low deferred maintenance cost — one of the newest assets in the region
- 92.7% five-year average occupancy in a supply-constrained market with no competition
- Strong unit mix: majority two-bedroom units with consistent rental rate performance
- All units come furnished, supporting premium rent positioning
- Offered free and clear of existing debt
- Only apartment community in Big Lake — sole multifamily option in the county
FOR SALE DETAILS
PRICE
$3,900,000 USD
PRICE/SF
$146 USD /SF
# OF UNITS
31
PRICE/UNIT
$125,806
CAP RATE
9.86%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Santa Rita Homes
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2016
PARKING SPACES
199
LAND DETAILS
LAND ACRES
2.94 AC
LAND SF
128,066 SF
ZONING
-
APN/PARCEL ID
2096
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512-270-5880
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512-270-5880
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