Round Rock Apartments
| Status | Sold |
|---|---|
| Address | 301 S. Burnett / Round Rock, Texas 78684 |
| County | Williamson |
| Type | Apartments |
PROPERTY PROFILE
| Acreage | 2.50 |
|---|---|
| Zoning | Multi-Family |
| Unit Mix | (10) 2bd 1bth (10) 1bd 1bth |
| Number of units | 20 |
| Currently Leased | yes |
FINANCIAL INFORMATION
| Purchase Date | 08/31/2004 |
|---|---|
| Purchase Price | $380,000 |
| Total Cost | $430,000 |
| Estimated Site Rehab Cost | $50,000 |
| Current Occupancy | 100 |
|---|---|
| Sales Date | 5/15/2006 |
Bank foreclosure, purchased well below market value, requiring major rehabilation and new management. Includes 1 acre adjoining lot available for development. Rehabilitation completed and fully leased. Property sold in April 2006 for a profit. Property located near downtown and easy freeway access.
Map
Map Not Available
Returns
| Average Annual Return |
|---|
Property Highlights
Bank foreclosure, purchased well below market value, requiring major rehabilation and new management. Includes 1 acre adjoining lot available for development. Rehabilitation completed and fully leased. Property sold in April 2006 for a profit. Property located near downtown and easy freeway access.
Images
