Opportunity Zone – 26 Apartment Units – Kingsland, TX

Commercial Sealed Bid Auction: 873-977 Dilley

873-977 Dilley, Kingsland, TX 78639

Property Info

Zetabid multi-family auction event! This property has 26 low rise apartments, all 2 bedroom & 1 bathroom units with about 840 SF each. Abundant parking with easy to-care-for stained concrete floors and all units have heating, air conditioning, refrigerator, stove/range, dishwasher, microwave and washer & dryer hookups. Please visit Zetabid.com for auction information and our Due Diligence Vault with current financials and other important information.

  • City : Kingsland
  • State : TX
  • Zip Code : 78639
  • Property Type : Multi-family
  • Square Feet : 28000
  • Lot Size : 1.606 AC
  • Year Built : 2003
  • Cap Rate @ Opening Bid : 11.06%
  • Gross Income : $193,383
  • Annual Expenses : $71,678
  • NOI : $121,705
  • Occupancy : 95%
  • Buildings : 2
  • Number of Units / Bed & Bath : 26 / 2+1
  • Unit Size : 830 - 840 SF
  • Parking Spaces : 50
  • Zoning : B-1 Living Area
  • Property ID : 66032/Lot 62 & 28881/Lot 65
Status:Pending

Additional Information

UNIT AMENITIES

  • Air Conditioning
  • Range
  • Dishwasher
  • Tub/Shower
  • Microwave
  • Walk-In Closets
  • Washer/Dryer Hookups
  • Ceiling Fans
  • Window Coverings
  • Refrigerator
Starting Bid: $1,100,000
    • Time Zone :CST

    Important Information

    • Buyers Premium :3%
    • Broker Coop :2%
    • Financing :No
    • Inspection Contingency :Yes

    Auction Contact

    Broker Contact

    • Phone :(424) 888-6068