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Berkman Apartments

Status Sold
Address 16012 Berkman Lane / Austin, Texas 78723
County Travis
Type Apartments

PROPERTY PROFILE

Unit Mix (1) 2bd 1bth, (19) 1bd 1bth
Number of units 20
Currently Leased yes

FINANCIAL INFORMATION

Purchase Date 04/27/05
Purchase Price $442,000
Total Cost $517,000
Estimated Site Rehab Cost $75,000
Current Occupancy 100
Sales Date 09/29/2006

Property required significant rehabilitation and intense turn around. All rehabilitaion complete and fully leased at market rent. Good location, next to public school and easy access to freeway. Property sold in September 2006.

Map

Map Not Available

Returns

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returns from rents
Average Annual Return

Property Highlights

Property required significant rehabilitation and intense turn around. All rehabilitaion complete and fully leased at market rent. Good location, next to public school and easy access to freeway. Property sold in September 2006.

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