Laura Linda Apartment Complex (SOLD)

1001 26th Street & 1003 26th Street

Laura Linda Apartment Complex

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LOCATION:  1001 26th Street and 1003 26th Street, Hondo, Texas 78861.

LEGAL:   1001 26th Street – Moeur, Block 3, Lots 11, 12, 13 (part of).   1003 26th Street – Moeur, Block 3, Lots 12 and 13 (N part of).

PRICE:   $340,000.00. Reduced to $265,000.00

TERMS:  Cash to Seller and/or third party financing.

UTILITIES:   City of Hondo utilities including water, garbage, sewer, and electricity. CenterPoint Energy is the gas provider.

TAXES:   2018 taxes were approximately $4,622.93.

DESCRIPTION:  Established commercial apartment complex property in Hondo consisting of 8 apartment units. There are (6) two-bedroom, one bath units and (2) one-bedroom, one bath units. The building unit at 1001 26th Street was built in 1965 and consists of 3,178 sq. ft. of living area. The building unit at 1003 26th Street was built in 1969 and consists of approximately 2,868 sq. ft. of living area, 512 sq. ft. of patio area and approximately 336 sq. ft. of storage area. The apartments are gas and electric, have brick and wood siding exterior with a shingle roof.

With a location in a quiet, established neighborhood and being close to schools, hospital and the shopping areas of Hondo, make this a wonderful investment opportunity!!