Courtesy of: Bridget Knower, Prime Real Estate, knowerb@gmail.com
Courtesy of: Bridget Knower, Prime Real Estate, knowerb@gmail.com
$765,000
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10 bed
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6.00 Bath (6 Full)
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Lot: 0.67 Acres
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Other
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$765,000
4042 Loop 1781 Rare Waterfront Investment Opportunity - 5 Units with Exceptional Water Views. This is a unique opportunity to acquire a 5-unit multifamily property consisting of 2 duplex homes and a single-story home, ideally positioned to capture expansive water views that are rarely available at this price point. Each unit benefits from a setting typically associated with high-end residential properties, enhancing both tenant demand and long-term value. The property includes five 2-bedroom, 1-bath units with a consistent rental history and stable income performance. The efficient unit mix appeals to a broad tenant base, while the proximity to the water provides a meaningful competitive advantage in the market. Financial highlights include excellent annual income, strong in-place cash flow, and additional revenue from on-site laundry. The property is not subject to HOA restrictions, offering operational flexibility for ownership. This offering stands out due to the combination of multiple income-producing units and unobstructed water views, creating both immediate cash flow and long-term appreciation potential driven by location. There is also opportunity for future upside through rent adjustments, operational efficiencies, and alternative rental strategies, subject to buyer verification. . The property is offered as a package, with potential flexibility to sell the triplex and duplex separately.
Courtesy of: Bridget Knower, Prime Real Estate, knowerb@gmail.com
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