222 W Gilmer St - Apartments FOR SALE


Big Sandy, TX 75755
$725,000 USD
903-657-1577
222 W Gilmer St, Big Sandy, TX for Sale
$725,000 USD
Apartments - FOR SALE
1/21
null | 3.93% Cap Rate

222 W Gilmer St
Big Sandy, TX 75755


OVERVIEW

10-Unit Apartment Complex in Big Sandy, TX – Newly Renovated & Income-Ready! Prime investment opportunity in the heart of Big Sandy! This 10-unit, two-story apartment complex sits on 0.70 acres and offers a blend of modern updates and value-added potential. Originally built in 1985, the property underwent a renovation in 2022, featuring luxury vinyl flooring, new appliances, and contemporary finishes throughout. With a spacious parking area, there’s potential for additional revenue streams, such as covered parking, a laundry facility, or even storage rentals. This complex is ideal for investors looking for a stable income-producing asset with room to grow. Don’t miss this multifamily investment—contact us today for more details!

FOR SALE DETAILS

PRICE

$725,000 USD

PRICE/SF

$80 USD /SF

# OF UNITS

10

PRICE/UNIT

$72,500

CAP RATE

3.93%

% LEASED

70%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

-

APN/PARCEL ID

18452

ASK ABOUT THIS PROPERTY

Vivian ButlerCENTURY 21 Heritage RealtyMore Info
903-657-1577

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Vivian ButlerCENTURY 21 Heritage RealtyMore Info
903-657-1577

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