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1801 NE 1st Ave

4 Unit Block of Flats £297,654 (£74,413/Unit) 7.58% Net Initial Yield Mineral Wells, TX 76067

Executive Summary

GREAT INCOME PRODUCER !!!!! TENANTS PAY ALL UTILITY

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price £297,654 Property Subtype Apartment
Price Per Unit £74,413 Building Size 2,652 SF
Sale Type Investment Average Occupancy 100%
Net Initial Yield 7.58% Number of Floors 2
No. Units 4 Year Built/Renovated 1968/2018
Property Type Residential Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price £297,654
Price Per Unit £74,413
Sale Type Investment
Net Initial Yield 7.58%
No. Units 4
Property Type Residential
Property Subtype Apartment
Building Size 2,652 SF
Average Occupancy 100%
Number of Floors 2
Year Built/Renovated 1968/2018
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Amenities

  • Air Conditioning
  • Heating

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 4 - -
1 of 1

PROPERTY TAXES

Parcel Number 25453 Total Assessment £100,341 (2024)
Land Assessment £10,567 (2024) Annual Taxes -£1 (£0.00/sf)
Improvements Assessment £89,774 (2024) Tax Year 2023

PROPERTY TAXES

Parcel Number
25453
Land Assessment
£10,567 (2024)
Improvements Assessment
£89,774 (2024)
Total Assessment
£100,341 (2024)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023
(940) 325-9555

Contact

  • Michael Lee
    Michael Lee
  • Premier Properties

  • Listing ID: 33662975

  • Date on Market: 28/10/2024

  • Last Updated:

  • Address: 1801 NE 1st Ave, Mineral Wells, TX 76067

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1801 NE 1st Ave
(940) 325-9555 x

1801 NE 1st Ave

Michael Lee

(940) 325-9555

(940) 325-9555

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