1815 Southline St - Multi-Family FOR SALE


Cleveland, TX 77327
$425,000 USD
832-278-9825
1815 Southline St, Cleveland, TX for Sale
$425,000 USD
Multi-Family - FOR SALE
1/1
null | Request Cap Rate

1815 Southline St
Cleveland, TX 77327


OVERVIEW

100% occupied 4-plex with leases currently in place. Excellent opportunity for investors seeking immediate cash flow. Pro forma, current rent roll, and lease agreements available upon request. Please do not disturb tenants. Showings by appointment only with listing agent approval. Buyer to independently verify room dimensions, schools, taxes, and all investment figures. Physical Property Description: Excellent investment opportunity in the growing Cleveland, Texas area. This fully occupied 4-plex offers immediate income potential with all units currently leased. Property features strong occupancy history, functional layouts, and convenient access to Hwy 59/I-69 for an easy commute to Houston and surrounding areas. Ideal for investors seeking stable cash flow with upside potential in a rapidly expanding market. Please do not disturb tenants. Showings by appointment only.

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$140 USD /SF

# OF UNITS

4

PRICE/UNIT

$106,250

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1815 Southline

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

000441-000181-000

ASK ABOUT THIS PROPERTY

Gina MusachiaDouglas EllimanMore Info
832-278-9825

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

Gina MusachiaDouglas EllimanMore Info
832-278-9825

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