113 D L Vest

La Vernia TX 78121

3484 sq. ft.

0.18 ac.

Other

Currently for sale - view listing

Overview

Exciting Investment Opportunity in Universal City, Texas! Welcome to this fantastic quadruplex listing priced over $43,000 under market value, making it a lucrative deal for savvy investors! The sellers are motivated and are also selling three more quadraplexes via a 1031 exchange - an incredible chance to expand your real estate portfolio! Rental Income: Gross Operating Income: $49,140. Taxes: $6,917. Management Fee: $4,423 / year Net Operating Income: $37,800. Features: Each unit includes 2 bedrooms and 1 bathroom, perfect for tenants seeking comfortable living spaces. With a desirable 8.5 cap rate, the new owner can self manage and raise the cap rate to 9.5, offering a profitable investment opportunity that's hard to resist. Don't miss out on the potential for steady passive income and long-term asset appreciation! Reach out today to capitalize on this fully rented quadruplex in Universal City and take the next step towards growing your real estate portfolio. Seize the opportunity, and let this property be the cornerstone of your investment success!

Features

8 bedrooms

4 bathrooms

3484 sq. ft. floor area

0.18 ac. lot size

Other

Property history for 113 D L Vest

2019

Sold

Undisclosed

18 Oct 2019 by John Foster

Happy sellers in La Vernia

We have insufficient information to provide an overview of customer satisfaction for La Vernia. Viewing the agent profiles, reviews and sales for La Vernia can provide insights for this location.

Local market activity for 8 bedroom other properties in La Vernia

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

J.J. Gorena

View listing

Sales:: (619) 566-0008

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