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  • Price$704,620
  • SQ. Feet18,900
  • Acres0.43
  • Built1975

1310 S 23rd St, Temple

10 CAP. 16 Unit Multi-Family. 88 percent occupancy. 2017 Tax Return $70,462 NOI. Proforma $29,603 Net Cash Flow. No rent increase since 2017. Increase rents 5% and lease 2 vacant units to increase Net Cash Flow by 65% to $48,941. At 5 MIN drive time, 31,966 daytime workforce vs. 13,468 residents indicating unmet demand for local housing. % of daytime workforce vs. residents is 65% higher at 5 MIN drive time vs. Temple. Adjoining census tracts to north and east are HUD Qualified Census Tracts.

Essential Information

  • MLS® #1609884
  • Price$704,620
  • Square Footage18,900
  • Acres0.43
  • Year Built1975
  • TypeCommercial Sale
  • Sub-TypeMulti-Family 5+ Units
  • StatusActive

Amenities

  • UtilitiesElectricity on Property
  • Parking Spaces32
  • ParkingCommon
  • ViewFields

Exterior

  • RoofFlat
  • ConstructionWood Veneer

Community Information

  • Address1310 S 23rd St
  • RegionBell
  • SubdivisionTal-Coe Place
  • CityTemple
  • CountyBell
  • StateTX
  • Zip Code76504

Interior

  • HeatingCentral Heat
  • CoolingCentral Air
  • # of Stories2
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Property Listed by: Southwest Partners

The information being provided is 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.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from May 19th, 2019 at 1:30am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.