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Description

This four-unit multifamily property consists of spacious two-bedroom, two-bathroom apartments and is currently 100% occupied, providing immediate and stable rental income. Each unit is equipped with washer and dryer connections for added tenant convenience. The property generates a gross annual income of $38,400, making it an attractive opportunity for investors seeking consistent cash flow.

Listing Details

  • Cap Rate

    13.76%

  • Space Type

    multifamily

  • Sub Category

    apartments-building

  • Date Listed

    3/23/2026

  • Net Operating Income

    $38,400

  • Parking Info

    2.52/1000 SF

  • Net Rentable

    3,840 SF

Property Specifics

  • Property Name

    2182 Gardere Ln

  • No of Buildings

    1

  • No of Stories

    2

  • No of Units

    4

  • Year Built

    1984

  • Building Size

    3,968 SF

  • Lot Size

    0.19 Ac

  • APN

    3138526

  • Zoning

    Rural

  • Occupancy

    100%