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7 US Highway 87 2,700 SF Specialty Building Offered at $888,942 CAD at a 10.79% Cap Rate in Comfort, TX 78013
Executive Summary
***NEW REDUCED PRICE*** 7 US Highway 87 in Comfort, TX, presents an excellent income-generating investment opportunity. This property features historic buildings that have been renovated into eight 1-bedroom, 1-bathroom units, all of which are fully occupied.
There is potential for rent increases, should the new owner choose, as well as additional space for further rental development. Tenant privacy is a priority, so the listing agent must be present for all showings. The property is located within a flood plain.
Please provide a minimum of 24 hours' notice for showings and contact Charlie Riddle directly at 210-383-0007 for more details.
There is potential for rent increases, should the new owner choose, as well as additional space for further rental development. Tenant privacy is a priority, so the listing agent must be present for all showings. The property is located within a flood plain.
Please provide a minimum of 24 hours' notice for showings and contact Charlie Riddle directly at 210-383-0007 for more details.
Property Facts
| Price | $888,942 CAD | Building Class | C |
| Price Per SF | $329.24 CAD | Lot Size | 2.12 AC |
| Sale Type | Investment | Building Size | 2,700 SF |
| Cap Rate | 10.79% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2004 |
| Price | $888,942 CAD |
| Price Per SF | $329.24 CAD |
| Sale Type | Investment |
| Cap Rate | 10.79% |
| Property Type | Specialty |
| Building Class | C |
| Lot Size | 2.12 AC |
| Building Size | 2,700 SF |
| No. Stories | 1 |
| Year Built | 2004 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 20881 | Improvements Assessment | $506,217 CAD |
| Land Assessment | $281,695 CAD | Total Assessment | $787,912 CAD |
Property Taxes
Parcel Number
20881
Land Assessment
$281,695 CAD
Improvements Assessment
$506,217 CAD
Total Assessment
$787,912 CAD
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