Description
CASH COW!!!! This property is a student housing building in the heart of Temple. There is so much potential to increase the income produced. There are 5 units with 17 rooms. The building was built in 2014 with a 10 year tax abatement so get in on the few years left. Current rents and expenses attached. This property won't last long. If all units are rented at the current market rate , cap would be at 6.7% . The property can be delivered vacant or occupied. The season for student housing rentals begins between July and August. Make your appointment today. Financials are attached. Property ran off electric which is tenants responsibility.
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0BEDS
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0.04ACRES
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0BATHS
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01/2 BATHS
Description
CASH COW!!!! This property is a student housing building in the heart of Temple. There is so much potential to increase the income produced. There are 5 units with 17 rooms. The building was built in 2014 with a 10 year tax abatement so get in on the few years left. Current rents and expenses attached. This property won't last long. If all units are rented at the current market rate , cap would be at 6.7% . The property can be delivered vacant or occupied. The season for student housing rentals begins between July and August. Make your appointment today. Financials are attached. Property ran off electric which is tenants responsibility.
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