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$675,000

1112 S Fm 441 Road, Louise, TX, 77455

PendingInfo
Beds2 Beds
Baths1 Bath
Baths1,060 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$636.79 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Off-Market List

About this property

An opportunity to acquire an established boat and auto repair business together with a residential property, all in one purchase. The business includes all of its current inventory and equipment. The business is an authorized Suzuki dealer, and the license will transfer with purchase. The property also includes a 2-bedroom, 1-bath, 1,060 square foot residence built in 1945. The house has been upgraded over the years including: plex plumbing throughout the house, air conditioning unit, new composition shingled roof, and had exterior hardy panel installed. It also features an additional 1,200 sq foot barn, with a half bath, built in 2008, and a lawn equipment storage barn. This is a rare chance to purchase a successful boat repair operation with a solid reputation and loyal customer base. The property has adequate indoor and outdoor work areas with storage for tools, parts, and vessels. It is easily accessible for boats and trailers.

Investor Tools

$0Estimated Mortgage Balance
$675,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,050 /month
Positive
Cash Flow Estimate:
$1,350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Louise

1112 S Fm 441 Road | Property Details | No Agent List