Casa Grande Apartments

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Address: 2703 Southside Dr, Brownwood, TX 76801, USA
Created date: December 19, 2023
Date last updated: March 25, 2024

*Less than 1 mile from local high school & elementary
*CAPEX roofs, paint & siding, units, carports & more
*Cut/offset expenses & increase NOI through operation
*Thriving business with central location & easy access

Property Description

The Casa Grande Apartments are a 26-unit community located in Brownwood, TX. The unit mix is split between fourteen 2bed/2bath units and twelve 1bed/1bath units. Recent capital improvements include new roofs & gutters, exterior paint & siding, staircases, unit upgrades & carports. Both the physical condition and location of the property (0.7 miles from Brownwood Highschool) attribute to the consistent rental demand. This opportunity offers the ability to maintain & improve income while also eliminating & offsetting various expenses to increase NOI.

Key Property Information

Listing Status: Sold
Property Types: Apartment Buildings
No. of Units: 26
Year Built: 1979
Building Size: 17,200 Sq ft
No. of Stories: 2
Opportunity Zone: No
Property Website Click Here
Address: 2703 Southside Dr, Brownwood, TX 76801, USA

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