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1904 Mustang Rd 11 Unit Apartment Building $1,308,614 CAD ($118,965 CAD/Unit) 4.04% Cap Rate Alvin, TX 77511
Executive Summary
11-Unit Apartment Complex in Alvin, TX! Average Monthly Rents come out to $10,200 per Month! On-Site Parking, Central Laundry Area, These 11 Units consist of (9) 2 Bedroom Units and (2) 1 Bedroom Units! All Units have 1 Full Bathroom and 1 Half Bathroom! Central HVAC, Community Mailboxes, Great Curb Appeal Location! Only 0.6 of a Mile from Highway 35, and 5 Minutes from Highway 6 in Alvin and only 30 minutes from Houston! Please do not disturb Tenants. For any questions, please contact Robert Graham at (936) 672-2087!
Property Facts
| Price | $1,308,614 CAD | Building Class | C |
| Price Per Unit | $118,965 CAD | Lot Size | 0.38 AC |
| Sale Type | Investment | Building Size | 14,923 SF |
| Cap Rate | 4.04% | Average Occupancy | 100% |
| No. Units | 11 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1969/2011 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Townhome |
| Price | $1,308,614 CAD |
| Price Per Unit | $118,965 CAD |
| Sale Type | Investment |
| Cap Rate | 4.04% |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 14,923 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1969/2011 |
| Opportunity Zone |
Yes |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- Laundry Facilities
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 0225-0028-000 | Improvements Assessment | $1,126,539 CAD |
| Land Assessment | $80,034 CAD | Total Assessment | $1,206,572 CAD |
Property Taxes
Parcel Number
0225-0028-000
Land Assessment
$80,034 CAD
Improvements Assessment
$1,126,539 CAD
Total Assessment
$1,206,572 CAD
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1904 Mustang Rd
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