Austin St Apartments is 27-unit Multifamily property located in the heart of Wichita Falls with great cash flow. This Multifamily property has been recently Re-modeled and Upgraded with luxury vinyl flooring, modern fixtures and appliances. High occupancy history and the current occupancy is over 96%. Total 27-units with 12x 1-Bedrooms , 6x 2-Bedroom. 9x efficiency units. All Bills paid Property and additional income from on-site paid Washer and Dryer units. Over $325k capital improvements including new appliances, floors, cabinets, vanities, countertops, laundry equipment, and new water pipes.
Investor GEM in a high growth location and will provide high cash flow. 2-hour drive from NE Dallas fastest growing suburbs – Frisco and about 1.5hr from Denton. This Multifamily property is located in the booming Wichita Falls market with Sheppard Air Force Base & other large employers. Pro-forma and Rent roll & expenses are available on request. Please do NOT disturb occupants or management.
