Steve Ruffner, DVM
Capitol Ranch Real Estate, LLC
16-unit condominium portfolio, one block from Bishop Arts. 15 of 16 units leased on 12–24 month terms with zero month-to-month exposure. $244,800 gross scheduled income at full stabilization. 6.9% cap rate at asking price of $2,750,000.
Individually metered utilities. Tankless water heaters throughout. Full renovation complete with no deferred maintenance, and no capital requirements at closing.
OM available in the transaction desk.
This is for 435 and 439 W 9th St.
Directions: google maps are correct. Corner of 9th and Adams
Steve Ruffner, DVM
Capitol Ranch Real Estate, LLC
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Listed By: Rachael Gray Smith of Compass Re Texas, Llc