Cedar Row Apartments

Multi-Family for Sale
Catylist Listing ID: 30645227
Property Subtypes: Duplex/Fourplex
Number of Units: 60 Units
Building Size (RSF): 3,412 SF
Gross Building Area: See Agent
Sale Price: $725,000
Unit Price: $12,083.33 Per Unit
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/15/2020

Overview / Comments

Cedar Row 4-plexes includes 15 quadruplexes. They can be bought as a package or individually. This is a deep value add project. The property is 33% occupied.
At $12,000 per unit there is plenty of room for a rehab budget and to make strong returns after stabilization.

Additional Details

Nearest MSA: Snyder
County: Scurry
Tax ID/APN: 16277.000000000000000
Total Number of Buildings: 15
Year Built: 1953

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,771 11,598 11,598
Median Age: 30.45 35.74 35.74
Households: 1,305 4,370 4,370

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