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Need advice - North Austin 4-plex off market
Dear BP Members,
A 4-plex deal came across and I would like some suggestions if this is fair deal given the crazy market in Austin.
Specifics below -
- 4-plex each unit 2 bed 2 bath.
- Built in 1990s
- Area - North Austin (RR, etc)
- Offer price - $615K
- Rent Roll - $4650 per month
- HOA $265 per month
- Any major expense (roof, foundation, AC) - none
Thoughts?