United StatesTexasSan Angelo3608 N Chadbourne Street

3608 N Chadbourne Street
3608 N Chadbourne Street San Angelo, Texas 76903 United States

$1,900,000
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Originally built in 1976, the Tuscany Valley Apartments consist of 22 units in two buildings, completely renovated down to the studs in 2020. The main 20 unit complex consists of 8 1BD1BA units (488 SF), 8 2BD1BA units (748 SF), and 4 3BD2BA units (976 SF), while the front house on the property consists of 1 3BD2BA unit and 1 2BD1BA unit. This property is currently operating at an NOI of...
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$1,900,000
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1.12 Acres
Exterior
Multi Family
Property Type
1976
Year Built
14465221
Web Id
Lakeview
Subdivision
San Angelo Independent
School District
Goliad
Elementary
Lincoln
Middle
Lake View
High
158
days ago

About 3608 N Chadbourne Street

Originally built in 1976, the Tuscany Valley Apartments consist of 22 units in two buildings, completely renovated down to the studs in 2020. The main 20 unit complex consists of 8 1BD1BA units (488 SF), 8 2BD1BA units (748 SF), and 4 3BD2BA units (976 SF), while the front house on the property consists of 1 3BD2BA unit and 1 2BD1BA unit. This property is currently operating at an NOI of $118,717 at a 6.25% cap rate on actuals. This is a turnkey investment, presenting new ownership the opportunity to take over a fully renovated property down to the studs and increase rents with the market.******more info in OFFERING MEMORANDUM in attachments******

Amenities

  • Refrigerator

features

cooling
Ceiling Fan, Electric, Window Units

Property Details

Parking Features
Assigned Spaces, Open, Uncovered
Stories
2

Interior

Interior Features
Other, Window Coverings
Dining Room
1 x 1
Master Bedroom
1 x 1
Kitchen
1 x 1

Unit Information

Total Units
22
Listing Courtesy of Logan Waller, Waller Group LLC