214 Locust St - Apartments FOR SALE


Sulphur Springs, TX 75482
$575,000 USD
903-951-8127
214 Locust St, Sulphur Springs, TX for Sale
$575,000 USD
Apartments - FOR SALE
1/25
null | Request Cap Rate

214 Locust St
Sulphur Springs, TX 75482


HIGHLIGHTS

  • Prime in town location
  • Manageable 8-plex
  • High Occupancy

OVERVIEW

Investor opportunity in Sulphur Springs, Texas! 8-unit apartment complex with 7 of 8 units currently occupied. Solid income-producing property with strong rental appeal. Each 1-bedroom, 1-bath unit offers a functional layout, spacious walk-in closets, and separate electric meters. Property offers an ideal location for tenants, located just minutes from downtown, schools, shopping, and everyday amenities. Conveniently located approximately 90 minutes from Dallas, offering access to a major metro area while maintaining small-town appeal. Don't miss this rare opportunity to own a manageable 8-unit complex with strong rental potential.

FOR SALE DETAILS

PRICE

$575,000 USD

PRICE/SF

$104 USD /SF

# OF UNITS

8

PRICE/UNIT

$71,875

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

1

YEAR BUILT

1971

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

-

APN/PARCEL ID

R000001674

ASK ABOUT THIS PROPERTY

Kason ChildressFreedom RealtyMore Info
903-951-8127

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Kason ChildressFreedom RealtyMore Info
903-951-8127

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