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Properties » Multi-Family » Property Details
5851, 5852, 5853,5854,5855,5856 Horizon
City
Corpus Christi

 State
TX
Price
$1,199,400

 Features
2 1.5


24 units over $15,000 gross monthly rents

email jim1262@aol.com for all income expense.

these buildings are all in one cul-de-sac, each building is on its own lot and block, thus making financing easy with 1-4 unit multi-family loan instead of a commercial loan.  Townhouse like building, upsatirs has bedrooms, full bath and walkin closets. downstairs has living room, kitchen and half bath. each unit has its own fenced in patio with storage room and laundry hook ups.  Tenants pay all utiliites, on two buildings owner pays water, garbage because they do not have own water meters, but cost is added into rent, thus tenant pays. owner pays for tv cable all units.  On site manager, does leases, deposits, maintenance (most) etc.
Details Monthly Profits
Zoning: Residential Rental Income: $15,000
Cash Flow: Yes Other Income:
Lease Option: No Taxes: $960
Owner Financing: No Insurance: $738
Short Sale: No Utilities: $502
Rehab: No Net Income: $11,825
Contact Details
jim polasek
spring branch, Texas
210-459-4260
jim1262@aol.com
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