Blanco, TX 78606 618 Live Oak Street
$2,295,000
26 more
Presented By: Keller Williams, LLC
SQFT • 12,303
Home Details
CAP RATE OVER 10%!!! Live Oak Apartments- exclusive multifamily property investment opportunity. Fully renovated 15-unit apartment complex is complete, move-in-ready w/high demand. The first new apartment complex to be constructed in years, the building is repurposed from a nursing home. It retains only the slab, exterior walls, and roof trusses. Notable features: PEX plumbing, gravity-fed drain lines, spray-foam insulation, high-efficiency windows & doors, central air in each unit, butcher block countertops, & new SS kitchen appliances. The property incorporates geo-tagged 3D imaging of all infrastructure for easy maintenance. A top-level fire suppression system ensures resident safety, while newly paved parking areas and privately sub-metered utilities provide convenience and efficiency. The complex offers a laundry room contracted w/CSC on a revenue-
sharing basis. The units are: one fully furnished 3-bed/2-bath, six 1-bed/1-bath, four 2-bed/1-bath, and four 2-bed/2-bath. Financials available by request
Presented By: Keller Williams, LLC
Interior Features for 618 Live Oak Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringVinyl
Heating Y/NYes
Laundry FeaturesCommonArea
Street SuffixStreet
General for 618 Live Oak Street
AccessibilityNone
Additional Parcels Y/NNo
AppliancesDishwasher, Microwave, Refrigerator
Architectural StyleNone
Association Y/NNo
Attached Garage No
Body of WaterNone
Carport Spaces0.0
Carport Y/NNo
CityBlanco
Construction MaterialsBrick, HardiPlankType
CoolingCentralAir
CountyBlanco
Days on Market
DirectionsFrom the square in Blanco, head north on Main (Hwy 281) turn right onto 6th street, take left on Live Oak Street, property is on the corner of 6th and Live Oak.
Elementary School DistrictBlanco ISD
Expected Active Date 2023-11-01
Garage Spaces0.0
Garage Y/NNo
HeatingCentral
High School DistrictBlanco ISD
Home Warranty Y/NNo
Interior FeaturesCeilingFans, WalkInClosets, KitchenIsland
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Middle/Junior School DistrictBlanco ISD
MobileHomeRemainsYNNo
New ConstructionNo
Pool FeaturesNone
PossessionClosingFunding, Closing
Property Attached Y/NNo
Property ConditionResale
Property Sub Type AdditionalApartment, MultiFamily
Property SubTypeApartment
Property TypeResidential
Rent Control Y/NNo
RoofMetal
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories1
Street NameLive Oak
Tax Lot15 & 16
Tenant PaysAllUtilities
Total Units0
UtilitiesElectricityAvailable
ViewNone
View Y/NNo
Waterfront Y/NNo
Year Built2020
Year Built SourcePublicRecords
Exterior for 618 Live Oak Street
Crops Included Y/NNo
FencingNone
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres1.0
Open Parking Y/NNo
Road ResponsibilityPublicMaintainedRoad
Road Surface TypePaved
SpaNo
Additional Details
Price History
Alyanna Bondoc
REALTOR®