Share This Listing

Message

937 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Lakeshore Apartments 930 Ranch Road 261 12 Unit Apartment Building $2,053,712 CAD ($171,143 CAD/Unit) 6% Cap Rate Buchanan Dam, TX 78609

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Highway Frontage
  • Unrestricted property
  • Lakeview

EXECUTIVE SUMMARY

Apartment complex with big views of the main body of Lake Buchanan. 20 minutes to multiple cities.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $169,500 $15.19
Other Income - -
Vacancy Loss - -
Effective Gross Income $169,500 $15.19
Taxes - -
Operating Expenses - -
Total Expenses $82,034 $7.35
Net Operating Income $87,466 $7.84

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $169,500
Annual Per SF $15.19
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $169,500
Annual Per SF $15.19
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $82,034
Annual Per SF $7.35
Net Operating Income (CAD)
Annual $87,466
Annual Per SF $7.84

PROPERTY FACTS

Price $2,053,712 CAD
Price Per Unit $171,143 CAD
Sale Type Investment
Cap Rate 6%
No. Units 12
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Low-Rise
Building Class B
Lot Size 2.33 AC
Building Size 11,155 SF
No. Stories 1
Year Built 1960
Opportunity Zone Yes

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Refrigerator
  • Tub/Shower
  • Views

SITE AMENITIES

  • 24 Hour Access
  • Laundry Facilities
  • Recycling
  • Trash Pickup - Curbside
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
21662
Land Assessment
$191,287 CAD
Improvements Assessment
$462,104 CAD
Total Assessment
$653,390 CAD
  • Listing ID: 37371967

  • Date on Market: 2025-08-21

  • Last Updated:

  • Address: 930 Ranch Road 261, Buchanan Dam, TX 78609

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}