Property
1 more
Presented By: Paula Gilliam with Texas Realty; 325-784-5100
Great investment opportunity! Very nice 1BR efficiency apartments that rent for $700 to $800 per month, which includes water and electric. The structures were sprayed with foam insulation and have high energy split units for heat and air. All units stay occupied.
There are 2 separate buildings with 6 units in each one. They were built in 2017 and 2019. There is also sewer and water taps already in place for 12 more units and the electric design for 6 units.
Presented By: Paula Gilliam with Texas Realty; 325-784-5100
Lock Box TypeNone
FlooringLaminate
Interior FeaturesOther
Street SuffixStreet
Total Units12
# of Buildings2
AppliancesElectric Range
Buyer Agent Compensation2
Buyer Agent Compensation Type%
Capitalization Rate3.44
CityEarly
Complex NameCanal
Construction MaterialsFrame
CoolingElectric
CountyBrown
DirectionsFrom Brownwood Walmart, travel towards Early approximately 1.7 miles, turn left onto Canal St, then right onto Homewood Cir, property on the left on 111 Canal St.
Elementary SchoolEarly
Gross Annual Expenses80053.00
HOA TypeNone
HeatingElectric
High SchoolEarly
Insurance Expense2318
LevelsOne
Occupant TypeTenant
Pool Y/NNo
PossessionClosing/Funding
Property SubTypeQuadruplex
Property TypeResidential Income
RoofComposition
School DistrictEarly ISD
Standard StatusActive
StatusActive
Street NameCanal St
Subdivision NameHomewood Sub
Unexempt Taxes8182
UtilitiesCity Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2017
Year Built DetailsPreowned
Building Area Total5084.00
Foundation Slab
Lot Size1 to < 3 Acres
Lot Size Acres1.1120
Lot Size Area1.1120
Lot Size SourceAssessor
Lot Size Square Feet48438.7200
Lot Size UnitsAcres
Number Of Parking Spaces12
Parking FeaturesCommon, Other
Elementary School
Early Elementary School
Middle School
N/A
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