About This Property
Class B portfolio includes 3 properties: 1100 Indiana St, 1222 Brazos St, and SFR 1207 Calaveras.Units are consistently fully occupied. Cap rate was 7.9 in 2020 and is projected to increase to 8.2 or higher in 2021, since all known repairs have been addressed and over 350k in renovations have been poured into the properties. . These are 2 of the 5 complexes in Graham, making it easy to stay fully occupied. Laundry rooms are available at each property, providing an additional income stream. Located near Possum Kingdom Lake and Mineral Wells.
City Sewer, City Water, Community Mailbox
Community Pool, Laundry, Playground
Cable TV Available, High Speed Internet Available, Multiple Staircases
Cooktop - Electric, Drop-In Range/Oven-Elec, Refrigerator
Central Air-Elec, Central Heat-Elec
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Listing information last updated on April 16th, 2021 at 6:46pm CDT.