leased commercial

improved commercial

 investment  commercial

unimproved commercial

REALTOR OWNED

3129 Potomac
$525,000.00

REALTOR OWNED

Investment Property 15 Unit apartment complex located in "Booming" South Laredo; close to schools, stores and new developments. Lot size:   Approx. 24,310 sq. ft. Living area:  Approx. 11,968 sq. ft. Roof: Composition shingles Floors:  Tile Exterior: Brick construction Built in 1991 and 1993

 

• 8 UNITS: (4 BEDROOMS / 2 BATHS)  @$725.00 PER MO. EA.
• 6 UNITS: (3 BEDROOMS / 1 BATH)    @$500.00 PER MO. EA.
• 1 UNIT:    (1 BEDROOM / 1 BATH)      @$475.00 PER MO.
• MONTHLY INCOME FROM UNITS:                       $8,375.00
• MONTHLY INCOME FROM LAUNDRY ROOM: $   300.00
• TOTAL MONTHLY INCOME:                                  $8,675.00
• TOTAL ANNUAL INCOME:                                  $104,100.00

EXPENSES:

• ANNUAL TAXES:    $12,648.00
• ANNUAL WATER:   $16,800.00
• ANNUAL INSURANCE, APPROX.: $  4,000.00
• TOTAL ANNUAL EXPENSES:  $33,448.00

For more information contact
LETYCIA PALACIOS  AT  724-9094 ~ 324-7878
or via e-mail at letycia@lulamoralesrealty.com

Dimensions given are approximate and according to information provided by the tax office, appraisals and/or builders plans. Confirmation of these dimensions is up to the buyer. Broker has not measured this property.

Last Updated MAY 2008 Webmaster - NIS