3021 Avenue F - Apartments FOR SALE


Bay City, TX 77414
$239,000 USD
979-244-6194
3021 Avenue F, Bay City, TX for Sale
$239,000 USD
Apartments - FOR SALE
1/22
null | Request Cap Rate

3021 Avenue F
Bay City, TX 77414


HIGHLIGHTS

  • Flexible Use Space
  • Income Producing
  • Fully Furnished

OVERVIEW

This approximately 1,400 sqft, 2 unit income-producing from short term rentals. 100% occupied, fully furnished workforce housing, estimated NOI of $25,000. The front studio includes a private entrance, full bathroom, and kitchenette. The back unit offers 2 bedrooms, 1 full bathroom, full kitchen, dining area, living room, and washer & dryer. The property has plenty of parking to accommodate both units and sits in a high-traffic location with great visibility. A large sign out front provides additional exposure and opportunity for business or advertising use. Whether you are looking for an investment property, short-term rental opportunity, or flexible-use space, this property offers several possibilities.

FOR SALE DETAILS

PRICE

$239,000 USD

PRICE/SF

$171 USD /SF

# OF UNITS

2

PRICE/UNIT

$119,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3021 Avenue F

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,188 SF

ZONING

-

APN/PARCEL ID

37455

ASK ABOUT THIS PROPERTY

Erik FranksonWard Real EstateMore Info
979-244-6194

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Erik FranksonWard Real EstateMore Info
979-244-6194

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