1306 East 12th Street

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1306 East 12th Street

Big Lake, TX 76932
Asking Price
$3.90M
Cap Rate
9.86%
Asset Type
Retail
Class
Class B

What's Special

The Only Apartment Community in the County — 9.86% Cap Rate, Fully Furnished, Zero Competition <p>• 2016 Vintage With Low Deferred Maintenance Cost</p><p>• Strong Historical Occupancy – 5 Years Of Occupancy History Provided</p><p>• Strong Unit Mix: Majority Two Bedrooms With Parity</p><p>• All Units Come Furnished</p><p>• Offered Free And Clear Of Existing Debt</p>

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NOI
$80,000
Cap Rate
2.05%
DSCR
0.35
Underwater
Cash-on-Cash
-12.95%
Monthly Payment
$19,295.072
Annual Cash Flow
$-151,540.865

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