About 13 Units Waterstone Way
Highly sought-after, well built, luxurious Waterstone Condominium Complex. There are 13 units included in this offering out of a total of 26. All of the units are currently rented except #1403, which is occupied by the current owner. Some of the units are one story and some are two story. Amenities include spacious 3 bedroom 2 bath units with open layouts, cathedral ceilings, crown molding, private back yards, and lots of windows with an abundance of natural light. The units have tile & carpet flooring, stainless steel appliances, granite countertops, storage space, glass enclosed showers, master suites, walk-in closets, utility rooms with washer dryer connections, covered patios, and 1 car garages. The complex includes a club-house, swimming pool, privacy & rod iron fencing, concrete paved parking, exterior lighting, and more. Demand to rent the units has been strong with very good rental rates being achieved during the past 12+- months.
Features of 13 Units Waterstone Way
| MLS® # | 20496624 |
|---|---|
| Price | $2,999,999 |
| Units | 13 |
| Bedrooms | 39 |
| Building Area Total | 19,819 |
| Year Built | 2022 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 13 Units Waterstone Way |
|---|---|
| Subdivision | Waterstone |
| City | Brownwood |
| County | Brown |
| State | TX |
| Zip Code | 76801-6556 |
Amenities
| Utilities | All Weather Road, Asphalt, Cable Available, City Sewer, City Water, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Sidewalk, Underground Utilities |
|---|---|
| Features | Curbs, Pool, Sidewalks, Club House, Community Sprinkler |
| Parking Spaces | 26 |
| # of Garages | 1 |
| Garages | Concrete |
| Is Waterfront | No |
| Has Pool | No |
| Pool | Gunite, In Ground, Fenced |
Interior
| Interior Features | Built-in Features, Cable TV Available, Cathedral Ceiling(s), Walk-In Closet(s) |
|---|---|
| Heating | Central, Electric |
| Fireplace | No |
Exterior
| Exterior Features | Covered Porch(es) |
|---|---|
| Lot Description | Cul-De-Sac, Few Trees, Landscaped, Sprinkler System |
| Roof | Composition |
| Construction | Rock/Stone, Siding |
| Foundation | Slab |
School Information
| District | Brownwood ISD |
|---|---|
| Elementary | Woodlandht |
| Middle | Brownwood |
| High | Brownwood |
Additional Information
| Net Operation Income | $173,571 |
|---|---|
| Gross Annual Income | $277,800 |
| Gross Annual Expenses | $90,339 |
| CapitalizationRate | 5.79 |
Unit 1 Details
| Type | 3 Bedroom |
|---|---|
| Full Baths | 2 |
| Rent | $1,930 |
| SqFt | 1,616 |
Unit 2 Details
| Type | 3 Bedroom |
|---|---|
| Full Baths | 1 |
| Rent | $1,918 |
| SqFt | 1,536 |
Listing Details
| Agent | Mark Campbell |
|---|---|
| Office | Coldwell Banker - Mark Campbell & Assc |