Cabool Real Estate
Cabool, MO 65689
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- 3,149SqFt
- 1933Year Built
- 0.22Acres
- MLS# 60268771
- Multifamily
- Apartment Building
- Active
- Approx Time on Market1 year, 3 months, 24 days
- AreaTexas
- CountyTexas
- Subdivision N/a
Overview
What a phenomenal investment opportunity! This 12 unit complex has been largely renovated with each unit having new high efficiency window units, commercial grade easily replaceable tile carpeting, newer refrigerators, fresh paint, and newer water heaters. Additionally, a new metal roof has been installed on nearly the entire complex. A survey has been completed for the lot as well. There has been a waiting list of tenants despite the only advertising for vacancy being a ''for rent'' sign on the street! Currently the seller has 3 vacant units that will remain vacant for the purpose of showing. Rent is $525 per unit for a gross income of $6,300 per month at full occupancy. Expenses averaged $970 per month from May 2023 - May 2024. This comes out to approximately $5,330 of positive cashflow monthly! What a great asset to add to your portfolio!
Association Fees / Info
Hoa: No
Bathroom Info
Baths: 1 Per Unit
Building Info
Roofing Material: Metal
Year Built: 1,933
Construction: Brick, Metal, Stone, Stucco
Transaction Type: Sale
Financial
Type of Tenancy: Lease, Monthly
Flood Insurance: Not Required
Yearly Net Oper Inc: Over $25,000
Garage / Parking
Parking: One Per Unit
Interior Features
Appliances: Refrigerator
Lot Info
Township: 02
Acres: 0.22
Marina Info
Misc
Section: 00
Inside City Limits: Yes
Other
Foreclosure: No
Property Info
View: No
Buildings: One Building
Streets: Asphalt
Zoning: B2
County: Texas
Property Type: B
Sale / Lease Info
Will Sell: 1031 Exchange,Cash,Conventional
Possession: At Closing
SqFt Info
Sqft: 3,149
Sqft Finshd Unfnshd: 3000 - 3199
Tax Info
Tax Year: 2,023
Re Tax Provided By: Assessor Records
Unit Info
Efficiency Units: 12.00
Num Units: 12
Utilities / HVAC
Water: City Water
Heating: Wall Furnace
Cooling: Wall Unit
Sewer: City Sewer
Utilities: City, Electricity, Master Meter, Sewer, Trash, Water
Waterfront / Water
Lake River: None
Waterfront View: None
Courtesy of listing office Sho-Me Real Estate
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