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604 N 3rd St
Haskell, TX 79521

$1,443,300 USD

Multifamily For Sale • 9,933 SF

Property Details

Property Type Multifamily
Total Building Size 14,433 SF
Lot Size 0.45 AC
Year Built 1970
Zoning Multifamily

30 Walk Score

Description

?? Investor Financial Snapshot – 17-Unit Complex 604 N 3rd St and 1107 N 10th St, Haskell TX 79521
Property Overview
Total Units: 17
Buildings: 3
Asking Price: $1,443,300

Income Summary
Monthly Rental Income
Total Monthly Income: $16,800
Annual Gross Income
$201,600

Expense Summary (Annual)
Water: $12,000
Insurance: $8,000
Property Taxes: $6,000
Management: $6,000
Total Annual Expenses
$32,000

Net Operating Income (NOI)
[ \text{NOI} = 201,600 - 32,000 = \mathbf{169,600} ]

Return on Investment (Cap Rate)
[ \text{Cap Rate} = \frac{169,600}{1,443,300} = \mathbf{11.75%} ]

Key Highlights
Strong 11.75% cap rate at asking price
Stabilized income with diversified rent mix
Low operating expenses relative to gross income
Attractive cash-flow opportunity under $1.5M

Amenities

24 Hour Access
Kitchen
Tub/Shower

Bridget Guess 940-864-8109 HCR Realty LLC

604 N 3rd St Haskell, TX 79521

$1,443,300 USD

Property Details

Description

Amenities

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604 N 3rd St
Haskell, TX 79521