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Occupied 8-Unit Building with Strong Cash Flow Potential

1203 Urbantke Ct, Copperas Cove
ROI
15.95% IRR
Strategy
Long Term Rental
Occupied 8-unit building with strong cash flow potential. All 1 bed 1 baths rented for $550/mo on average, market rents $650-675/mo. Two story 8-plex with 1 bed, 1 bath units built in 1974. Fully leased with 2 units at $500/mo, 3 units at $550/mo, and 3 units at $600/mo. Market rents $650-675/mo.

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Occupied 8-Unit Building with Strong Cash Flow Potential

Listed 09/21/2023

1203 Urbantke Ct, Copperas Cove

Purchase Price:$565,000

Cash Outlay:$190,800

Cashflow:$627/mo

Cap Rate:7.36%

IRR:15.95%

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