Skip To Content
    Return to Previous Page

    1804-13 Potomac Place

    College Station, TX 77840
    • $1,200,000
    • STATUS: Active
    • ON SITE: 138 days
    • ID#: 14387982
    UPDATED: 57 min ago
    $1,200,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1976
    County:
    Area:

    School Information

    Elementary School:
    High School:
    School District:
    Offered by Logan Waller of Waller Group Llc.

    Description

    Waller Group Properties is proud to present this 16-unit multifamily property in College Station, TX. The property consists of four 4-plex buildings with eight 1BD-1BA units at 800 sf and eight 2BD-1BA units at 900 sf. These -oversized units offer tenants extended space at an affordable rate compared to the market. The current effective average of rental rates at the property is $0.78 per sf while the average of move-in rates and comparable properties in the area justifies a rate of $0.88 per sf. Increasing rents to this rate will realize an additional $17,500 in annual revenue. More info in Offering Memorandum in attachments.

    Monthly Payment Calculator



    © 2020 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Homes By Lainie Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Homes By Lainie Real Estate Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-12-01T14:40:55.347.
    www.homesbylainie.com/homes/107858283
    Print Image

    1804-13 Potomac Place College Station, TX 77840

    • Price: $1,200,000
    • Status: Active
    • Updated: 57 min ago
    • ID#: 14387982
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    1976
    Built
    Neighborhood:
    Southwood Ph 19
    County:
    Brazos
    Area:
    Rains County
    Elementary School:
    South Knoll
    High School:
    Amcons
    School District:
    College Station Isd
    Property Description
    Waller Group Properties is proud to present this 16-unit multifamily property in College Station, TX. The property consists of four 4-plex buildings with eight 1BD-1BA units at 800 sf and eight 2BD-1BA units at 900 sf. These -oversized units offer tenants extended space at an affordable rate compared to the market. The current effective average of rental rates at the property is $0.78 per sf while the average of move-in rates and comparable properties in the area justifies a rate of $0.88 per sf. Increasing rents to this rate will realize an additional $17,500 in annual revenue. More info in Offering Memorandum in attachments.
    Exterior Features

    Construction ConcreteStuccoWood Foundation Slab Parking Or Garage Area AssignedOpenUncovered Parking Spaces 16 Pool On Property No Roof Composition

    Interior Features

    Handicap YN No Heating Central Air-ElecCentral Heat-Elec Interior Features OtherWindow Coverings Kitchen Equipment DishwasherOther Sq Ft Building 13600

    Property Features

    Building Area Source Tax Buildings 4 Complex Name Not in A Complex Construction Status Preowned Gross Annual Expenses 54270 Gross Annual Income 132960 HOA None Insurance Expense 5161 Intermediate School Oakwood Municipal Utility District No Net Annual Income 78406 Occupancy Rate 100 Possession Closing/Funding Property Type Mul-Fourplex Unexempt Taxes 4062 Unit Count 0 Utilities AsphaltCity SewerCity WaterCurbsSidewalk Will Subdivide No

    Listing information © 2020 North Texas Real Estate Information System.


    © 2020 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Homes By Lainie Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Homes By Lainie Real Estate Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-12-01T14:40:55.347.
     
    https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_14387982-2.jpg https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_14387982-2.jpg https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_14387982-2.jpg
    Logo
    Homes By Lainie Real Estate Group
    421 Hwy. 120 West
    Pottsboro TX, 75076
    Offered by Logan Waller of Waller Group Llc.