$375,000
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1,588 SqFt
SOLD DATE : 11/19/2020
Key Details
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 1,588 sqft
Price per Sqft $220
Subdivision Bank Of The Hills Office Park
MLS Listing ID 4217272
Sold Date 11/19/20
Year Built 1983
Tax Year 2019
Lot Size 1,576 Sqft
Acres 0.0362
Property Sub-Type Office
Source actris
Property Description
Investment opportunity! Lake Creek Office Park is peaceful office condominium community with ample parking space and manicured grounds near busy US 183 and Lake Creek Parkway interchange. Units V1 (1,109 SF) & V2 (479 SF) are being sold as an investment package at an estimated 7.4% Cap Rate, with rents totaling $3,500/month on a modified gross lease and condo fees are $526/month. Showings are for serious buyers and will be after hours.
Location
State TX
County Williamson
Area Nw
Interior
Heating Central
Cooling Central Air
Flooring Tile, Vinyl
Furnishings Unfurnished
Fireplace N
Exterior
Exterior Feature None
Pool None
Community Features None
Utilities Available Electricity Available
Waterfront Description None
View Y/N No
View None
Roof Type Asphalt
Accessibility Accessible Approach with Ramp, Customized Wheelchair Accessible, Grip-Accessible Features
Porch None
Total Parking Spaces 4
Private Pool No
Building
Lot Description Level
Story 1
Sewer Public Sewer
Water Public
Structure Type Frame,Stone
Others
Pets Allowed No
Restrictions City Restrictions,Covenant
Acceptable Financing Cash, Committed Money, Conventional
Tax Rate 2.496
Listing Terms Cash, Committed Money, Conventional
Special Listing Condition Standard
Pets Allowed No
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