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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.PROPERTY FEATURES
27 Unit(s)
Utilities : All Weather Road
Parking Features: Asphalt
28 Parking Space(s)
Lot Features : Shingle
Cooling: Electric
Heating : Electric
Construction Materials: Brick
Foundation Details: Brick/Mortar
Interior Features: Granite Counters,Open Floorplan,Tile Counters,Walk-In Closet(s)
Appliances : Dishwasher,Electric Range,Microwave
Flooring : Vinyl
Levels : Two
PROPERTY DETAILS
Street Address: 1201 Austin Street
City: Wichita Falls
State: Texas
Postal Code: 76301
County: Wichita
MLS Number: 20628565
Year Built: 1962
Courtesy of Colleen Frost Real Estate Serv
City: Wichita Falls
State: Texas
Postal Code: 76301
County: Wichita
MLS Number: 20628565
Year Built: 1962
Courtesy of Colleen Frost Real Estate Serv
Courtesy of Mossy Oak Properties of Texas- McLemore Realty Grp