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
| Net Annualized returns from rents |
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|---|---|
| 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.

