200 Hill ST new

Sealy,TX 77474

$ 1100000

2 Beds

1 Bath

6596 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,596 sqft

Price per Sqft $166

Subdivision Rosalie Add

MLS Listing ID 47430628

Bedrooms 2

Full Baths 1

Year Built 1982

Annual Tax Amount $13,500

Tax Year 2024

Property Sub-Type Multi Family

Property Description

200 Hill St. is a renovated 12-unit multifamily asset located in Sealy, TX, approximately 50 miles west of Houston. Each interior unit has been tastefully renovated with modern finishes. The property offers immediate cash flow with upside potential through rent increases and continued operational efficiencies. Pricing reflects an actual cap rate of 7+% with a proforma cap rate of 9+% by increasing the rents to market pricing.

Location

State TX

County Austin

Area 57

Interior

Heating Central,Electric

Cooling Central Air,Electric

Exterior

Roof Type Composition

Building

New Construction No

Schools

Elementary Schools Sealy Elementary School

Middle Schools Sealy Junior High School

High Schools Sealy High School

School District 109 - Sealy

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