Diane Alexander
Office: 512.577.0079
Cell: 713.591.9902
2910 San Jacinto Street
Temple
$580,651
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About This Property
0 Bed
0 Bath
.91 Acre
0 Garage
Dedicated property website: https://donstefanov.swpre.com/2910-san-jacinto-temple-tx.php
5 homes plus 2 garage apartments totaling 7,297 net rentable SF. Actual 8 CAP. All units within 2 MI of Baylor Scott and White. 100 percent rented. All tenants long term. All month to month. No rent increases in several years. All utilities paid by tenants. Opportunity to improve cash flow, income and CAP with moderate rent increases. Any or all properties appear to be excellent flip potential. All zoned either SF-2 or SF-3. All in Temple ISD. All in Temple City Limits. None in flood zones. Sold ONLY as a package.
Investment Profile: $46,367 Net Operating Income. $17,313 Net Cash Flow. 7.99% CAP rate. 11.25% 1st year cash-on-cash. 1.60 Debt Service Coverage Ratio. Very low risk of market decline for all properties. Valuation increase projections for 2826 Bowie & 2910 San Jacinto: 3.2% 1 year trend and 7.4% 3 year trend. Valuation increase projections for 119 S 23rd ST, 815 S 23rd, 902 S 27th, 902½ and 904 S 27th: 4.7% 1 year trend and 11.3% 3 year trend.
Showing Instructions: Contact Don Stefanov at 830.900.0266 or fredericksburg@swpre.com
Essential Information
MLS® #2721900
Price$580,651
Bathrooms0.00
Acres0.91
Year Built1985
TypeCommercial Sale
Sub-TypeSite Planned
StatusActive
Community Information
Address2910 San Jacinto Street
AreaBT
SubdivisionCIMARRON PHASE II
CityTemple
CountyBell
StateTX
Zip Code76502
Amenities
UtilitiesElectricity Available
FeaturesNone, Curbs, Gutter
ParkingOn Site
ViewNone
WaterfrontNone
Interior
HeatingCentral, Wall Furnace
Interior
Carpet, Laminate, Linoleum, Vinyl
Exterior
RoofComposition
ConstructionBrick Veneer, Frame
FoundationPillar/Post/Pier, Slab
Lot Description
Corner Lot, Interior Lot, Level
Additional Information
Date ListedFebruary 19th, 2020
Days on Market541
Zoning2&3-F
LISTING MAP
Property Listed by: Southwest Partners
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from January 27th, 2021 at 11:16am CST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
