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Fully Occupied Quadplex Exceeding The 1% Rule $435k

301 Haeckerville Rd, Cibolo
ROI
25.74% IRR
Strategy
Long Term Rental
Located between San Antonio and Austin in Cibolo. B grade area, currently fully occupied with rents totaling $4975 per month. Leases expire Feb, June, Aug, Oct 2025. Each unit is a 2 bed 1 bath. Lots of recent upgrades including new floors throughout, new hot water heaters, new paint, appliances updated + more. This is a perfect deal for a cashflow-focused investor looking for the appreciation potential of the Austin / San Antonio corridor. Taxes $4835.

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Fully Occupied Quadplex Exceeding The 1% Rule $435k

Listed 12/11/2024

301 Haeckerville Rd, Cibolo

Purchase Price:$435,000

Cash Outlay:$117,450

Cashflow:$1,247/mo

Cap Rate:9.28%

IRR:25.74%

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