Price Reduction
Address
3608 N Chadbourne Street San Angelo, TX
Price
$ 1,900,000
Property Attributes
  • MLS#14465221
  • TypeMulti-Family
  • CountyTOM GREEN
  • CitySan Angelo
  • AreaTom Green County No Subarea
  • NeighborhoodLakeview
  • Zip76903
  • StyleMUL-Apartment/5Plex+
  • Year Built1976
  • Taxes9264
  • Price$ 1,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage18236
  • Lot Size1.11 Acres
Listing Provided Courtesy Of:
Logan Waller with Waller Group LLC
Property Description

Originally built in 1976, the Tuscany Valley Apartments consist of 22 units in two buildings, completely renovated down to the studs in 2020. The main 20 unit complex consists of 8 1BD1BA units (488 SF), 8 2BD1BA units (748 SF), and 4 3BD2BA units (976 SF), while the front house on the property consists of 1 3BD2BA unit and 1 2BD1BA unit. This property is currently operating at an NOI of $118,717 at a 6.25% cap rate on actuals. This is a turnkey investment, presenting new ownership the opportunity to take over a fully renovated property down to the studs and increase rents with the market.******more info in OFFERING MEMORANDUM in attachments******

Elementary School Middle School High School
Goliad Elementary School Lincoln Middle School Lake View High School
Price History
11/4/2020 Listed $1,950,000
11/13/2020 3% - $1,900,000

General Features

# of Buildings 2
Complex Name Not in a complex
Construction Materials Frame/Brick Trim, Wood
Energy Efficiency Ceiling Fans
HOA Type None
Heating Other, Window Unit
Interior Features Other, Window Coverings
Listing Area TOM GREEN COUNTY (350)
Other Equipment Built-in Microwave, Range/Oven-Electric, Refrigerator
Property Type Multi-Family
Remarks Originally built in 1976, the Tuscany Valley Apartments consist of 22 units in two buildings
School District San Angelo ISD
School Name Lake View
School Name Goliad
Stories 2
Sub Area Tom Green County No Subarea (1)
Subdivision Lakeview
Type MUL-Apartment/5Plex+
Utilities City Sewer, City Water
Virtual Tour Url Unbranded https://www.propertypanorama.com/instaview/ntreis/14465221
Year Built 1976
Year Built Details Preowned

Interior Features

# of Units 22
Sqft Building 18236
Unit Count 4

Exterior Features

Foundation Pier & Beam, Piered Beam Slab
Lot Size Area 1.115
Lot Size Area 1.115
Lot Size Area (acres) 1.115
Lot Size Area (sq Ft) 48569
Lot Size Units Acres
Number Of Parking Spaces 23
Parking Features Assigned Spaces, Open, Uncovered

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 76903

Price
AVG $1.36M
$1.9M
Taxes
AVG $9,264
$9,264
Visits
AVG 21
13
Year Built
AVG 1987
1976

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