22 Unit Apartment Complex in Burleson

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22 Unit Apartment Complex in Burleson Burleson, TX,
Property Description Great Opportunity to add to your rental portfolio with an 22 unit complex in Burleson, Texas. The current owner has allowed his wife to run this cash flowing machine into the ground through her property management  With a few simple fixes you can expect a 17.63% annual return after deducting all expenses including taxes, maintenance, and insurance.
Property Specifications
Square Footage 14800 Bedrooms 44 Bathrooms 22.0 Garage Year Built 1980 After Repair Value $13,200/month Est. Repair Value $30,000 Cash Price $710,000 Or Buy for Only $320Down for Qualified Borrowers
Notices and Disclosures 1. Broker and its affiliates are real estate service entities. We have provided the above estimate for the convenience of real estate investors. Real estate investors are encouraged to verify all estimated numbers independently. Broker and its affiliates assume no liability either expressed or implied for the accuracy of the final estimate above. 2. Broker and its affiliates do not give authority either expressed or implied, to the recipient of this information to enter onto this property. Inspection of this property can be provided by scheduling an inspection with an authorized broker or agent. 3. Down payment subject to change based on final appraised value, actual repair estimate, and borrower qualifications.
J.D. Castillo
214-650-5493 posting was created by a licensed agent agent; brokerage, United Investex 2, Llc