1503 E Virginia Ave - Apartments FOR SALE


Victoria, TX 77901
$315,400 USD
361-223-6947
1503 E Virginia Ave, Victoria, TX for Sale
$315,400 USD
Apartments - FOR SALE
1/48
null | Request Cap Rate

1503 E Virginia Ave
Victoria, TX 77901


OVERVIEW

Turnkey multi-family investment at 1503 E Virginia! This fourplex features four 1-bedroom, 1-bath units and provides immediate rental income. Current rents also provide room for potential increases, allowing investors to further grow rental income and maximize the property's long-term potential. The units offer spacious living areas, functional kitchens, ample natural light, and a mix of hardwood and durable flooring throughout. Several units also feature updated kitchens and bathrooms, along with in-unit washer and dryer connections. Outside, the property offers covered parking in the rear along with additional off-street parking for residents. Conveniently located near shopping, dining, schools, and major thoroughfares, 1503 E Virginia is a solid addition to an investment portfolio with existing income and additional value-add potential.

FOR SALE DETAILS

PRICE

$315,400 USD

PRICE/SF

$89 USD /SF

# OF UNITS

4

PRICE/UNIT

$78,850

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1503 E Virginia

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1952

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

-

APN/PARCEL ID

43900-003-00800

ASK ABOUT THIS PROPERTY

Brayden RobertsonFergmar Enterprises LLCMore Info
361-223-6947

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Brayden RobertsonFergmar Enterprises LLCMore Info
361-223-6947

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