516 & 520 E Myrtle St 16 units apartment | 516 E Myrtle St
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516 & 520 E Myrtle St 16 units apartment 516 E Myrtle St
16 Unit Block of Flats £1,409,940 (£88,121/Unit) 6.88% Net Initial Yield Angleton, TX 77515
Investment Highlights
- New roof and balcony
- Located in the heart of Angleton
Executive Summary
Building A and Building B situated on +/- .92 acre land. Building A +/- 8388 SF Building B +/- 7480 SF in the center of Angleton City. New roof 2019 New Electric Box, New A/C unit, New balcony.
Property Facts
| Price | £1,409,940 | Building Class | C |
| Price Per Unit | £88,121 | Lot Size | 0.46 AC |
| Sale Type | Investment | Building Size | 16,068 SF |
| Net Initial Yield | 6.88% | Average Occupancy | 90% |
| No. Units | 16 | Number of Floors | 2 |
| Property Type | Residential | Year Built | 1966 |
| Property Subtype | Apartment | Parking Ratio | 0.5/1,000 SF |
| Apartment Style | Low Rise |
| Price | £1,409,940 |
| Price Per Unit | £88,121 |
| Sale Type | Investment |
| Net Initial Yield | 6.88% |
| No. Units | 16 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 16,068 SF |
| Average Occupancy | 90% |
| Number of Floors | 2 |
| Year Built | 1966 |
| Parking Ratio | 0.5/1,000 SF |
Unit Amenities
- Balcony
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 14 | - | - |
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PROPERTY TAXES
| Parcel Number | 1310-0565-000 | Improvements Assessment | £459,713 |
| Land Assessment | £51,032 | Total Assessment | £510,745 |
PROPERTY TAXES
Parcel Number
1310-0565-000
Land Assessment
£51,032
Improvements Assessment
£459,713
Total Assessment
£510,745
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516 & 520 E Myrtle St 16 units apartment | 516 E Myrtle St
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