240 units in Texas City, TX
Off-market deal
A great class B property with plenty of upside to increase rents immediately and bring face lifts to each unit. Plenty of value add upside at an already 6 cap. There is an assumable loan.
Date built: 1979
Occupancy: 93%
Price: 16,8M
March 2023 total rental income: $204,441.88
NOI: $988,236.89
Offering