
Description
1801 Cecil B Moore is a 21 unit (20 residential, 1 commercial office) located in the heart of Temple's off campus housing. It is comprised of nine 2 bed 2 bath units, seven 4 bed 4 bath units and four 5 bed 5 bath units. 66 bedrooms, 66 bathrooms in total, 13 parking spaces which stretch through 8 connected buildings-A-H. Currently it is 76% occupied, as of 8/2022 it was 100% occupied. All leases are group leases with cosigners until 7/31/23 with security deposits held. New leases receive a water chargeback of $20pp/unit. Tenants pay for all utilities directly to providers except for water. The owner recently replaced the exterior from stucco to brick. Can be purchased along with two unoccupied duplexes on 18th. You can find 2021 and 2022 income and expense reports attached to this listing. Rental permits for all 8 buildings are in place.
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0BEDS
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0.29ACRES
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0BATHS
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01/2 BATHS
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22,536SQFT
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$296$/SQFT
Description
1801 Cecil B Moore is a 21 unit (20 residential, 1 commercial office) located in the heart of Temple's off campus housing. It is comprised of nine 2 bed 2 bath units, seven 4 bed 4 bath units and four 5 bed 5 bath units. 66 bedrooms, 66 bathrooms in total, 13 parking spaces which stretch through 8 connected buildings-A-H. Currently it is 76% occupied, as of 8/2022 it was 100% occupied. All leases are group leases with cosigners until 7/31/23 with security deposits held. New leases receive a water chargeback of $20pp/unit. Tenants pay for all utilities directly to providers except for water. The owner recently replaced the exterior from stucco to brick. Can be purchased along with two unoccupied duplexes on 18th. You can find 2021 and 2022 income and expense reports attached to this listing. Rental permits for all 8 buildings are in place.
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