FREE book: The Book on Texas Real Estate Investing — download now

20-Unit Apartment Grossing $195k/yr

208 N Church St, Hillsboro
ROI
21.14% IRR
Strategy
Long Term Rental
20-unit apartment grossing $195k/yr. Renovated in 2021 with new HVAC, appliances, roof, siding, floors, counters, paint. All 2 bed, 2 bath units rented for $750-1000/mo. Tenants pay utilities.

Enter your email to download the proforma

< Back to Daily Deals

20-Unit Apartment Grossing $195k/yr

Listed 03/11/2024

208 N Church St, Hillsboro

Purchase Price:$1,600,000

Cash Outlay:$512,000

Cashflow:$2,546/mo

Cap Rate:7.91%

IRR:21.14%

Talk to an agent about this property

Get a response in less than 24 hours.
Message

See other properties

Long Term Rental

Houston (Spring) Off-Market Tenant-Occupied Single Family Rental $290k

90 Yewleaf Dr, Spring

Purchase Price:$290,000

Cash Outlay:$78,300

Cashflow:$84/mo

Cap Rate:5.64%

IRR:11.95%

Long Term Rental

DFW Off-Market Tenant-Occupied Single Family Rental $300k

1411 Jesse Ramsey Blvd, Cedar Hill

Purchase Price:$300,000

Cash Outlay:$81,000

Cashflow:$136/mo

Cap Rate:6.53%

IRR:13.58%

Long Term Rental

Killeen Cashflowing Tenant-Occupied Quadplex $350k

4007 Madison Dr, Killeen

Purchase Price:$350,000

Cash Outlay:$94,500

Cashflow:$290/mo

Cap Rate:6.98%

IRR:15.73%

Long Term Rental

DFW (Irving) Cashflowing Triplex $600k

3122–3126 Conflans Rd #3, Irving

Purchase Price:$585,000

Cash Outlay:$157,950

Cashflow:$138/mo

Cap Rate:6.27%

IRR:12.34%

Long Term Rental

DFW Expertly Maintained and Fully Leased Quadplex $610k

2722 Wimbledon Ct, Garland

Purchase Price:$610,000

Cash Outlay:$164,700

Cashflow:$343/mo

Cap Rate:6.66%

IRR:14.20%

Long Term Rental

DFW (Grapevine) Fully Leased 8-Plex in Premier Location $1.5M

717 E Texas St, Grapevine

Purchase Price:$1,500,000

Cash Outlay:$405,000

Cashflow:$1,732/mo

Cap Rate:7.37%

IRR:17.60%