Excellent investment opportunity situated 30 minutes from downtown Austin in Lockhart. Property consists of 3 buildings that total 10 units (two 4-unit buildings + one 2-unit building). Currently 90% occupied ($6060 gross rent monthly; $6825 gross rent monthly once fully occupied), including several long-term tenants at below market rent. Roof is less than 6 years old. Strong opportunity to take cash flow or fix up and increase rents and ROI. See attached rent roll. Owner currently pays water and trash.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
