6701 Eastridge Road

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6701 Eastridge Road

Odessa, TX 79762
Asking Price
$1.65M
Asset Type
Student Housing Multifamily
Class
Class B

What's Special

EXCELLENT INVESTMENT OPPORTUNITY! <p>24 Condo Units at Trestles Condominiums</p><p>Excellent Investment Opportunity, Immediate Cash Flow Portfolio with Stable Income</p><p>Professional Property Management Already in Place</p><p>Well-Maintained Property with Pride of Ownership</p><p>Turnkey Investment Opportunity</p><p>Ideal for New or Seasoned Investors</p><p>Strong, Stable Return Potential</p><p>Located in Odessa’s Thriving Energy Market</p><p>Convenient Access to Shopping, Dining & Daily Conveniences</p><p>Attractive Location

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NOI
$80,000
Cap Rate
4.85%
DSCR
0.82
Underwater
Cash-on-Cash
-3.63%
Monthly Payment
$8,163.3
Annual Cash Flow
$-17,959.597

Location & Travel Times