$995,000
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526/ 534 E North 7th Street #16 Abilene, TX 79601
32 Beds
16 Baths
0.3 Acres Lot
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Stevenson Park
MLS Listing ID 20150363
Sold Date 12/19/22
Bedrooms 32
Full Baths 16
HOA Y/N None
Total Fin. Sqft 7560
Year Built 1958
Annual Tax Amount $7,958
Lot Size 0.300 Acres
Acres 0.3
Property Description
The Stevenson Place Apartments is a newly renovated 16 unit complex with 15 of the 16 units occupied. These 2 bed and 1 bath units have been fully renovated with all new exterior work including exterior paint, new walkways, exterior doors, new windows and new TPO roofs. The interior remodel consists of new luxury vinyl plank flooring, paint, new plumbing, water heater, plumbing top outs and new bathroom vanities, shower inserts, and a full lighting package throughout each unit. The interior renovations also consisted of kitchen updates including, granite countertops and new appliance package. This asset is fully stabilized with strong NOI and cashflow. Stevenson Place is across the street from the new 3,000 square foot splash pad has 22 interactive spray features, a 40 foot seat wall and five shaded seating areas. It is situated less than 2 miles from ACU, and under 10 Minutes from the Abilene Zoo and the Abilene Airport.
Comes with 3 adjacent lots to develop preferred parking.
Location
State TX
County Taylor
Community Playground, Other
Direction Across the street of Stevenson Park and 1 block north of Hwy 20 off of Cockerel Drive.
Interior
Interior Features Granite Counters
Heating Space Heater
Cooling Window Unit(s)
Flooring Luxury Vinyl Plank
Appliance Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
Heat Source Space Heater
Exterior
Exterior Feature Playground
Fence Chain Link
Community Features Playground, Other
Utilities Available City Sewer, City Water, Individual Water Meter
Roof Type Other
Parking Type Common
Total Parking Spaces 16
Garage No
Building
Lot Description Park View
Story Two
Foundation Slab
Structure Type Block
Schools
School District Abilene Isd
Others
Ownership KCAP RE Fund II, LLC
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Financing Conventional
Special Listing Condition Flood Plain
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Bought with Travis Johnson • Rose Home Real Estate