Eagle Ford Apartments | 1609 N Hill St
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Eagle Ford Apartments 1609 N Hill St
28 Unit Block of Flats £1,719,343 (£61,405/Unit) Three Rivers, TX 78071
Investment Highlights
- 28 furnished units
- Granite Countertops
- Well Maintained
- Eagle Ford Shale Location
Executive Summary
28 fully furnished corporate units finished in 2013. Granite Countertops, Solid Wood doors, No Carpet, Laundry Room. Asset is off Highway 281 and 3 miles from the 281 & I-37 Intersection and 1.5 miles from the Valero Refinery. Rig counts have been going up in the Eagle Ford Shale as oil prices have increased. This is an opportunity to own a multifamily asset in an area with a severe shortage of housing for oil workers.
Data Room Click Here to Access
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | $99,999 | $9.99 |
Vacancy Loss | $99,999 | $9.99 |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Pro forma - 2024) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Vacancy Loss | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Price | £1,719,343 | Building Class | B |
Price Per Unit | £61,405 | Lot Size | 0.86 AC |
Sale Type | Investment | Building Size | 19,200 SF |
No. Units | 28 | Average Occupancy | 100% |
Property Type | Residential | Number of Floors | 2 |
Property Subtype | Apartment | Year Built | 2012 |
Apartment Style | Low Rise |
Price | £1,719,343 |
Price Per Unit | £61,405 |
Sale Type | Investment |
No. Units | 28 |
Property Type | Residential |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | B |
Lot Size | 0.86 AC |
Building Size | 19,200 SF |
Average Occupancy | 100% |
Number of Floors | 2 |
Year Built | 2012 |
Unit Amenities
- Washer/Dryer Hookup
- Ceiling Fans
- Tile Floors
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Range
- Wi-Fi
Site Amenities
- 24 Hour Access
- Furnished Units Available
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
1+1 | 28 | - | 500 - 900 |
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PROPERTY TAXES
Parcel Number | 0040-0001-0040-00 | Total Assessment | £368,748 |
Land Assessment | £30,353 | Annual Taxes | -£1 (£0.00/sf) |
Improvements Assessment | £338,395 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
0040-0001-0040-00
Land Assessment
£30,353
Improvements Assessment
£338,395
Total Assessment
£368,748
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2024
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EIM Real Estate Advisors
Eagle Ford Apartments | 1609 N Hill St
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