$749,000
For Sale

303 Palmwood Drive

Victoria, TX 77901
6488 sqft | 0.33 acres | #569039
Browse 26 photos
Type:Purchase
Structure:Condo
Zone:Residential

Description

INVESTMENT OPPORTUNITY!! OWNER FINANCING AVAILABLE!! 7 Cap Rate!! This 8-plex has had some major capital improvements and is cash-flowing on Day 1! All 8 units are 1 bed / 1.5 bath. The two-story building has 4 units downstairs and 4 units upstairs. Some of the more recent improvements include roof replacement (2018), foundation repaired with Lifetime Transferrable Warranty, all upstairs balconies rebuilt, and much more! Call listing broker to discuss it in more detail and to schedule a showing!

  • Property Details
      • Utility FeaturesElectricityAvailable, Other, SeeRemarks, TrashCollectionPublic
      • InteriorCeilingFans, Other, SeeRemarks
      • SubdivisionTanglewood VI
      • School DistrictVictoria Isd
      • Sewer InformationPublicSewer
      • Property SubtypeApartment
      • Structure TypeApartment
      • Property TypePurchase
      • CountyVictoria
      • Original List Price$749,000
      • Acres0.3332
      • Utility SourcePublic
      • MLS #569039
      • Cost749000
      • MLS #569039
      • Square Feet6488
      • Year Built1979
      • FoundationSlab

Location

9 Agents Online Now
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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