111 W Hird St - Apartments FOR SALE


Gainesville, TX 76240
$2,950,000 USD
940-902-3596
111 W Hird St, Gainesville, TX for Sale
$2,950,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

111 W Hird St
Gainesville, TX 76240


OVERVIEW

Welcome to this exceptional 38-unit multifamily community located in the heart of Gainesville, Texas. This well maintained property offers a rare investment opportunity with strong occupancy and a stable income. Situated on a spacious lot in a quiet, residential neighborhood, the complex features a mix of one to three bedroom units, thoughtfully designed for comfortable living. Select units have been recently updated with modern finishes, offering immediate appeal to tenants and upside potential for investors. The property includes an onsite laundry facility and is within close proximity to local schools, shopping and dining. Whether you're expanding your portfolio or entering the multifamily space, this Gainesville asset presents a compelling blend of cash flow and future growth potential. Listed under appraised value!

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$94 USD /SF

# OF UNITS

38

PRICE/UNIT

$77,632

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shadowood Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.83 AC

LAND SF

79,715 SF

ZONING

-

APN/PARCEL ID

23648

ASK ABOUT THIS PROPERTY

Tanda StringfellowTanda Stringfellow, BrokerMore Info
940-902-3596

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Tanda StringfellowTanda Stringfellow, BrokerMore Info
940-902-3596

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.