220 Bois D Arc St - Apartments FOR SALE


Canton, TX 75103
$395,000 USD
903-570-7366
220 Bois D Arc St, Canton, TX for Sale
$395,000 USD
Apartments - FOR SALE
1/36
null | 8.2% Cap Rate

220 Bois D Arc St
Canton, TX 75103


HIGHLIGHTS

  • 100% occupied at time of offering, producing $4,525 in monthly rent.
  • Offered at $395,000 with an 8.2% cap rate based on 2025 NOI.
  • Flexible month-to-month tenancy on three of four units allows for rent adjustments and repositioning.
  • Located in Canton, the Van Zandt County seat, drawing consistent traffic from First Monday Trade Days.
  • Positioned on a 0.43-acre lot with commercial zoning and 128 feet of frontage.
  • Traffic count of approximately 346 vehicles per day near the site.

OVERVIEW

This fully occupied, four-unit multifamily property in Canton, Texas offers an immediate income-producing investment opportunity. Generating $4,525 in monthly rent across all units, the asset provides a strong cash flow foundation supported by a history of consistent returns. Priced at $395,000 with a projected 8.2% capitalization rate on 2025 net operating income, the property is well-positioned for both steady income and long-term appreciation. The 2,940-square-foot building sits on 0.43 acres in the Van Zandt County seat and benefits from proximity to downtown amenities and traffic drawn by the area’s notable attraction, First Monday Trade Days. This popular flea market delivers lasting foot traffic that fuels the local economy and rental stability. With three units on flexible month-to-month terms, new ownership has the ability to adjust rents to market levels or reposition as needed without delay. Small multifamily assets are in limited supply throughout East Texas, making this offering highly attractive for investors seeking a manageable, revenue-generating property. Solid fundamentals and a favorable location support the property’s long-term investment potential.

FOR SALE DETAILS

PRICE

$395,000 USD

PRICE/SF

$134 USD /SF

# OF UNITS

4

PRICE/UNIT

$98,750

CAP RATE

8.2%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

R-1

APN/PARCEL ID

R000001448

ASK ABOUT THIS PROPERTY

Samuel Scarborough CCIMScarborough Commercial Real EstateMore Info
903-570-7366

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Samuel Scarborough CCIMScarborough Commercial Real EstateMore Info
903-570-7366

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