113 Dl Vest

La Vernia, TX 78121

113 Dl Vest

La Vernia, TX 78121

$444,706

  • n a
  • MLS: #1868193
4 days, 3 hours, 14 minutes on market
StatusNew
Year Built2006
CountyWilson
Flooring
Lot Size0.175
Parking
Total Stories
CoolingMulti-Unit Central, Three+ Central
School District La Vernia Isd.
Schools La Vernia, La Vernia, La Vernia
Fireplace
Property Type One Story

Property Details

Exciting Investment Opportunity in Universal City, Texas! Welcome to this fantastic quadruplex listing priced over $43,000 under market value, making it a lucrative deal for savvy investors! The sellers are motivated and are also selling three more quadraplexes via a 1031 exchange - an incredible chance to expand your real estate portfolio! Rental Income: Gross Operating Income: $49,140. Taxes: $6,917. Management Fee: $4,423 / year Net Operating Income: $37,800. Features: Each unit includes 2 bedrooms and 1 bathroom, perfect for tenants seeking comfortable living spaces. With a desirable 8.5 cap rate, the new owner can self manage and raise the cap rate to 9.5, offering a profitable investment opportunity that's hard to resist. Don't miss out on the potential for steady passive income and long-term asset appreciation! Reach out today to capitalize on this fully rented quadruplex in Universal City and take the next step towards growing your real estate portfolio. Seize the opportunity, and let this property be the cornerstone of your investment success!




Courtesy of Exp Realty

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