2233 East Stamford Street

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2233 East Stamford Street

Abilene, TX 79601
Asking Price
$9.80M
Cap Rate
7.63%
Asset Type
RV Park Multifamily
Class
Class B

What's Special

147 Unit Class A Resort in Abilene Texas | City Utilities | Below Market Rents <ul><li>​<strong style="color: rgba(31, 31, 31, 1)">Below-Market In-Place Rents</strong><span style="color: rgba(31, 31, 31, 1)">: Even after a January rent increase, the park remains below market relative to competing properties by ≈$100-$200/mo, particularly given its Class A amenities and strong location. </span></li></ul><p></p><ul><li>​<strong style="color: rgba(31, 31, 31, 1)">Proximity to Regional Developments</strong><span style="color: rgba(31, 31, 31, 1)">: Ridgeview is among the close

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NOI
$80,000
Cap Rate
0.82%
DSCR
0.14
Underwater
Cash-on-Cash
-17.07%
Monthly Payment
$48,485.053
Annual Cash Flow
$-501,820.635

Location & Travel Times