815 Saint Peter St - Apartments FOR SALE


Gonzales, TX 78629
$649,000 USD
512-774-8520
815 Saint Peter St, Gonzales, TX for Sale
$649,000 USD
Apartments - FOR SALE
1/9
null | 7.41% Cap Rate

815 Saint Peter St
Gonzales, TX 78629


HIGHLIGHTS

  • Oversized Garages
  • New A/C units and Fresh paint in Multiple Units
  • Upgraded Flooring in Multiple Units

OVERVIEW

This well maintained 6-unit family property is a prime investment opportunity in the growing community of Gonzales, Texas. The property consists of (6) one bedroom, one-bathroom apartments, each featuring oversized attached garages offering tenants added convenience and storage. Washer/Dryer connection in each unit. Currently 100% Occupied with well-established rental history. This property offers immediate cash flow with significant room for future value growth through strategic improvements like converting a portion of garage space into an additional bedroom for increased rent potential of a 2/1! This property benefits from steady rental demand, convenient access to local amenities, restaurants and shopping!

FOR SALE DETAILS

PRICE

$649,000 USD

PRICE/SF

$92 USD /SF

# OF UNITS

6

PRICE/UNIT

$108,167

CAP RATE

7.41%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gateway Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

X

APN/PARCEL ID

11188

ASK ABOUT THIS PROPERTY

Brianna HodgesThe Agency TexasMore Info
512-774-8520

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Brianna HodgesThe Agency TexasMore Info
512-774-8520

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