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Investment Highlights

  • Added benefit of an income-generating laundromat

Executive Summary

Explore an outstanding investment opportunity in Roma, TX. This apartment complex offers 14 spacious 3-bed, 1-bath units. With the added benefit of an income-generating laundromat, this property seamlessly blends comfort with a lucrative investment in a vibrant location. Don't miss out on this exceptional opportunity and seize the chance to add a high-performing asset to your portfolio. Contact me today for more information or to schedule a showing!

Financial Summary (Pro Forma - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,087,306 CAD
Price Per Unit $77,665 CAD
Sale Type Investment
Cap Rate 8.84%
Gross Rent Multiplier 8.5
No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.66 AC
Building Size 12,698 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1996/2023
Parking Ratio 0.16/1,000 SF
Zoning MF - Multi-Family

Amenities

Unit Amenities

  • Air Conditioning
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Refrigerator
  • Range
  • Walk-In Closets
  • Lawn

Site Amenities

  • Fenced Lot
  • Laundry Facilities
  • Maintenance on site

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1 14 $957.38 CAD 910
Somewhat walkable
30/100
Moderately drivable
70/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
18000-00000-00100-000000
Land Assessment
$157,092 CAD (2025)
Improvements Assessment
$846,184 CAD (2025)
Total Assessment
$1,003,275 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 31520907

  • Date on Market: 2024-04-16

  • Last Updated:

  • Address: 201 S Fresno Ave, Roma, TX 78584

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