1500-1502 Oleander Dr - Apartments FOR SALE


La Marque, TX 77568
$649,000 USD
850-591-2090
1500-1502 Oleander Dr, La Marque, TX for Sale
$649,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

1500-1502 Oleander Dr
La Marque, TX 77568


HIGHLIGHTS

  • 8 Unit Multifamily in La Marque - NOT IN THE 100 YEAR FLOOD PLAIN
  • Two Fourplexes 2 BR / 1 BA units - 825 square feet each
  • Brick and sided construction
  • Paved off-street parking
  • Corner property
  • Easy Access to I-45

OVERVIEW

Rare investment opportunity in a growing market. Add 8 units to your residential leasing portfolio at a price less than $82K per door. These two low-maintenance fourplexes are easy to rent at a price point below more expensive surrounding markets. Easy access to I-45 and off-street paved parking make these units ideal for commuter living and supported working rents. Not in the 100 year flood plain.

FOR SALE DETAILS

PRICE

$649,000 USD

PRICE/SF

$108 USD /SF

# OF UNITS

8

PRICE/UNIT

$81,125

CAP RATE

Request Cap Rate

% LEASED

88%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1976

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,714 SF

ZONING

-

APN/PARCEL ID

5345-0003-0008-000

ASK ABOUT THIS PROPERTY

Jeremy DouglasJoe Tramonte Realty, IncMore Info
850-591-2090

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Jeremy DouglasJoe Tramonte Realty, IncMore Info
850-591-2090

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