740 County Road 334 - Multi-Family FOR SALE


Gatesville, TX 76528
$380,000 USD
512-656-0559
740 County Road 334, Gatesville, TX for Sale
$380,000 USD
Multi-Family - FOR SALE
1/1
null | 9.47% Cap Rate

740 County Road 334
Gatesville, TX 76528


HIGHLIGHTS

  • Easy rentals
  • 3 of 4 tenants have been there for over a year
  • Super easy maintenance
  • Crazy gross rents

OVERVIEW

Cabin 1 built 2023 Lease expires 7/15/26 Deposit $700 My tenant moved out end of December and new tenant moved in last week. Super easy to rent. Cabin 2 built 2023 Lease expires 5/15/26 Deposit $500 She’s been there 2 years and don’t see her moving. She’s my original and loves it. Kinda the mom of the group. Cabin 3 built 2022 Month to Month Deposit $500 She would sign another lease if I asked her to but I haven’t. Cabin 4 built 2024 Deposit $900 Lease expires 9/1/26 He has been there a year and a half. Construction guy, young. He’s not going anywhere because his uncle owns the house next door and has a 30 foot pathway to his uncles house through the woods. That kid will be there for years I imagine.

FOR SALE DETAILS

PRICE

$380,000 USD

PRICE/SF

$293 USD /SF

# OF UNITS

4

PRICE/UNIT

$95,000

CAP RATE

9.47%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rock Creek Cabins

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments, Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.3 AC

LAND SF

100,188 SF

ZONING

None

APN/PARCEL ID

156388,156389

ASK ABOUT THIS PROPERTY

Tommy HaydonKeller Williams Realty - SouthwestMore Info
512-656-0559

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Tommy HaydonKeller Williams Realty - SouthwestMore Info
512-656-0559

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