Opportunity Zone – Multi-Family Auction – Kingsland, TX

Property Info

Zetabid is accepting offers on 200 Aster Street. This property is located in an opportunity zone and has 22 units (11 duplexes), all 2 bed & 2 bath units with about 840 SF each. Great parking and each unit includes heating, air conditioning, refrigerator, stove/range, dishwasher, and washer & dryer hookups. In 2014/2015, siding/insulation was replaced in all units along with some units getting new windows and door. In 2020, 8 out of 11 roofs have been replaced.

  • City : Kingsland
  • State : TX
  • Zip Code : 78639
  • Property Type : Multi-family
  • Square Feet : 18480
  • Lot Size : 5.06 AC
  • Year Built : 1987
  • Year Renovated : 2014-2020
  • Cap Rate @ Opening Bid : 6.4%
  • Gross Income : $197,217
  • Annual Expenses : $103,284
  • NOI : $93,933
  • Number of Units / Bed & Bath : 22 / 2+2
Status:Pending

Additional Information

  • Occupancy :100%
  • Buildings :11 Duplexes
  • Number of Units / Bed & Bath :22 / 2+2
  • Unit Size :840 SF
  • Parking Spaces :44
  • Zoning :B-2 Living Area

Important Information

  • Buyers Premium :3%
  • Broker Coop :2%
  • Financing :No
  • Inspection Contingency :Yes
  • Showings :Call Eric Koesterer @818.426.2660

Auction Contact

Broker Contact

  • Phone :(424) 888-6068