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Value-Add Multifamily | Expansion Potential 40930 FM 3159 21 Unit Apartment Building $2,985,318 CAD ($142,158 CAD/Unit) 6.56% Cap Rate Canyon Lake, TX 78133
INVESTMENT HIGHLIGHTS
- 6.33% Cap rate
- Potential for Expansion to Add More Units
- 6.47 Acres Land
- Annual Leases
- Redevelopment Opportunity
PROPERTY FACTS
| Price | $2,985,318 CAD | Apartment Style | Garden |
| Price Per Unit | $142,158 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 6.47 AC |
| Cap Rate | 6.56% | Building Size | 12,000 SF |
| No. Units | 21 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2021 |
| Property Subtype | Apartment |
| Price | $2,985,318 CAD |
| Price Per Unit | $142,158 CAD |
| Sale Type | Investment |
| Cap Rate | 6.56% |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 6.47 AC |
| Building Size | 12,000 SF |
| No. Stories | 1 |
| Year Built | 2021 |
PROPERTY TAXES
| Parcel Number | 78-0812-0012-00 | Improvements Assessment | $2,109,238 CAD |
| Land Assessment | $741,502 CAD | Total Assessment | $2,850,740 CAD |
PROPERTY TAXES
Parcel Number
78-0812-0012-00
Land Assessment
$741,502 CAD
Improvements Assessment
$2,109,238 CAD
Total Assessment
$2,850,740 CAD
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Value-Add Multifamily | Expansion Potential | 40930 FM 3159
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