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This fantastic Strip known as Antique Lane is in a high-traffic area near the major intersection of Alameda and Everhart, right across from HEB grocery store and surrounding by Retail shopping, Restaurants, and Personal Services type business with high traffic counts daily. The whole strip is 7 units, but divided into 3 separate properties, with this being the largest of the 3 currently divided into 5 units. 100% occupancy with many long-standing tenants means consistent income, and it boasts around a 10% CAP Rate with current expenses. If you're looking to step up your unit-count or invest in something with a long history of profitability, this is a great opportunity.
Features
Age: Over 50 Years Old
Building Units: 5
Cooling System: Electric
Cooling System: Central Air
Exterior Type: Block
Floors: 1
Heating System: Electric (Heating)
Heating System: Central
Legal Description: ALAMEDA PARK LTS 6 THRU 9 & W19.8' OF LT 10 BLK 1