$39,249
Annual Revenue
Projected nightly rate is $199/night at 54% occupancy.
Top 101% of comparables
Top 101% of comparables
$5,227
Profit
Revenue
$39,249
Operating Expenses
$16,502
Operating Income
$22,747
Net Effective Rent
$17,520
Profit (Cash Flow)
$5,227
$6,560
Cash Investment
Renos & Furnishing
$5,000
Setup Costs
$1,560
Total
$6,560
Investment Value Over Time
Revenue Appreciation
0%
Cash on Cash Return
79.67%
Payback Period Days
458
Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
84,855 sqft
Year built:
1964
Size:
46,772 sqft
Type:
MFR
Parking:
-
Heating:
CENTRAL
Sold Comparables
Property Details
- MLS Status: N/A
- Property Use: Apartment House (5+ Units)
- Stories: 2
- Lot size: 84,855 sqft
- Building area: 46,772 sqft
- Garage: No
- Heating: Central
- Pool: No
- Fireplaces: 0
- Basement: Yes
- Cooling: -
- View: -
- Parking: -
- Amenities: -
- Price per square foot: -
Lot Info
- Zoning: Z239
- Land Use: COMMERCIAL
- Parcel Number: 00-C4725-000-000-01-00
- Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD
Tax Info
- Year Assessed: 2020
- Assessed Value: $4,810,000
- County Est. Land Value: $2,121,150
- Assessed Land Value: $2,121,150
- County Est. Structure Value: $2,688,850
Market Estimate: -
Sale history
| Date | Sale Price | % Financed | Buyer |
|---|---|---|---|
| 08/14/18 | $0 | 0% | Montage Austin Bluffs Invtrs L, Montage Greenlaw Investors Llc |
Ownership
- Name: S2 Montage Llc
- Owner Occupied: No
- Owner Mailing Address: 5950 Berkshire Ln Ste 1300, Dallas, Tx 75225
- Years Owned: 0
- Home Equity: -
- Mortgage Balance Remaining: $35,500,000
- Financed amount: -
- Owner Type: Individual
- Lien: No
- Inherited: No
- Foreclosure: No