8 S Avenue B

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8 S Avenue B

Freeport, TX 77541
Asking Price
$500K
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Multifamily | 5 Units <ul><li>​Fully Renovated & Stabilized Asset - All five units have been upgraded with modern interior finishes, providing immediate cash flow with no deferred maintenance.</li><li>​Detached Unit Layout (SFR Appeal) - Standalone 1-bedroom homes offer enhanced tenant privacy, supporting strong demand and tenant retention.</li><li>​Operational Efficiency & Lower Expenses - Individually metered utilities, tankless water heaters, and mini-split systems reduce landlord expense exposure and improve NOI.

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NOI
$80,000
Cap Rate
16.00%
DSCR
2.69
Strong
Cash-on-Cash
33.54%
Monthly Payment
$2,473.727
Annual Cash Flow
$50,315.274

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