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$3,500,000
NAL Estimated Property Value381 N HIGHWAY 132, Devine, TX, 78016
Off Market
Commercial
— Beds
— Bath
16,628 Sq Ft
$210.49 / sqft
Built in 2014About this property
Amazing Opportunity! 100% occupancy on 24 units constructed in 2014 and still in great condition. 12-2 bed/2 bath units and 12-1 bed/1 bath units. Rents have not been increased since 2015. Located in busy and growing area close to I-35 and 30 mins from San Antonio. Additional revenue opportunity on land in rear of property (Approx 1 acre) that can be used to build another multi-family complex, RV park, storage units or single family residences!
Investor Tools
$3,500,000
Estimated Property Value
$0Estimated Mortgage Balance
$3,500,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$21,000 /month
Positive
Cash Flow Estimate:
$7,000 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
12.4%