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Property profile & analytics
OFF-MARKET
Commercial real estate

706 6Th St Taylor, TX 76574

4,204 SF Built 2016
Property ID
US82-2115764
Property summary
AI-generated overview

This exceptional two-story, 4-unit apartment building located at 706 W 6th St, Taylor, TX 76574, presents a compelling investment opportunity. Built in 2016, this Class B property boasts a total of 4,204 square feet of net rentable space, currently operating at 75% occupancy. The asking price is $750,000, translating to $178.40 per square foot and $187,500 per unit. The property generates a substantial net operating income (NOI) of $38,800, yielding a 5.17% capitalization rate. This stabilized investment, ideal for an owner-user, offers a solid return on investment with potential for increased revenue through improved occupancy. The property is situated in Williamson County, Texas, within the city of Taylor. This multifamily asset presents a rare chance to acquire a well-maintained, cash-flowing property in a growing market. The building's solid construction and desirable location make it an attractive option for both seasoned investors and those seeking a hands-on approach to real estate ownership. The property's strong financials and potential for future growth make it a highly desirable investment.

Property profile
Verified
Property type Commercial real estate
Year built 2016
Total area 4,204 SF
UPID US82-2115764
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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