$1,100,000
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23 Beds
11 Baths
0.32 Acres Lot
SOLD DATE : 09/12/2022
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Ot Abilene
MLS Listing ID 20147645
Sold Date 09/12/22
Bedrooms 23
Full Baths 11
HOA Y/N None
Total Fin. Sqft 7432
Year Built 1963
Annual Tax Amount $6,516
Lot Size 0.321 Acres
Acres 0.321
Property Description
We are proud to present this exclusive opportunity of The Soda Flats, a 11-unit stabilized cash-flowing asset in an area of Abilene seeing new growth and gentrification. This property sits in the heart of Abilene. Fully stabilized with all major mechanicals, new plumbing, interior renovations with luxury vinyl plank, neutral paint tones, new appliances, granite countertops, interior light fixtures, exterior paint, parking lot overlay, updated landscaping, bike racks, trash cans and a new fence. The Soda Flats sits just south of Hwy 20, less than 10 minutes from ACU, the Abilene Zoo, and Abilene Regional Airport.Investment Highlights: Fully Renovated100% Occupied*Buyer is responsible for all due diligence including confirming unit square footages*
Location
State TX
County Taylor
Direction The property sits on the corner of S 4th st and Elm St just 3 blocks south of Hwy 20.
Interior
Interior Features Granite Counters
Heating Central
Cooling Central Air
Flooring Luxury Vinyl Plank
Fireplaces Type None
Appliance Electric Oven, Electric Range, Refrigerator
Heat Source Central
Exterior
Utilities Available City Sewer
Roof Type Shingle
Total Parking Spaces 15
Garage No
Building
Story Two
Foundation Slab
Structure Type Frame
Schools
School District Abilene Isd
Others
Ownership KX Wealth Fund I, LLC
Acceptable Financing 1031 Exchange, Cash, Contract
Listing Terms 1031 Exchange, Cash, Contract
Financing Cash
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Bought with Destry Gideon • Coldwell Banker Apex, REALTORS