303 Palmwood Drive Victoria, TX 77901

14,514 Sqft lot
0.33 Acre lot
Status: Active
Property Type: Apartment
Year Built: 1979
Neighborhood: Tanglewood Vi
Days on Website: 36

Courtesy of NB Regal Real Estate, LLC (512) 420-6565

Description

INVESTMENT OPPORTUNITY!! OWNER FINANCING AVAILABLE!! 7 Cap Rate!! This 8-plex has had some major capital improvements and is cash-flowing on Day 1! All 8 units are 1 bed / 1.5 bath. The two-story building has 4 units downstairs and 4 units upstairs. Some of the more recent improvements include roof replacement (2018), foundation repaired with Lifetime Transferrable Warranty, all upstairs balconies rebuilt, and much more! Call listing broker to discuss it in more detail and to schedule a showing!

Open House

 
SAT 15 Mar
 
SUN 16 Mar
 
MON 17 Mar

Property Details and Features

  • Road Frontage Type: CityStreet
  • Road Surface Type: Paved
  • Bathrooms Total Integer: 0
  • Construction Materials: Frame,WoodSiding
  • Living Area Source: Appraiser
  • Structure Type: Apartment
  • Accessibility Features: Other,SeeRemarks
  • Foundation Details: Slab
  • Water Body Name: None
  • Interior Features: CeilingFans,Other,SeeRemarks
  • Listing Terms: Cash,Conventional,OwnerMayCarry,Other,SeeRemarks
  • Number Of Units In Community: 8
  • Number Of Units Total: 1
  • City: Victoria
  • County Or Parish: Victoria
  • Parcel Number: 61782
  • Possession: ClosingAndFunding,Negotiable,SubjectToTenantRights
  • Property Condition: Resale
  • Property Sub Type: Apartment
  • View: None
  • Tax Block: 4
  • Tax Legal Description: TANGLEWOOD VI LOT 16 & NE 1/4 OF LOT 17 BLOCK 4
  • Tax Lot: 16
  • Tenant Pays: CableTv,Electricity,Internet,Telephone