409 Northridge dr - Apartments FOR SALE


Quitaque, TX 79255
$600,000 USD
940-206-7223
409 Northridge dr, Quitaque, TX for Sale
$600,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

409 Northridge dr
Quitaque, TX 79255


HIGHLIGHTS

  • Built in 1957 with concrete block construction and gable roof design.
  • Multi-family configuration suitable for rental income generation.

OVERVIEW

This multi-family property in Quitaque, Texas, offers a unique investment opportunity in a quiet, rural community. Built in 1957, the property spans approximately 3,024 square feet and sits on a 0.37-acre lot. The structure is constructed with concrete block walls and a gable roof, providing a durable foundation for future improvements. With its existing multi-family configuration, the property is well-suited for investors seeking to generate rental income or reposition the asset for alternative uses. Located in Briscoe County, the property benefits from a small-town setting with access to essential services and schools within the Turkey-Quitaque Independent School District. The area’s affordability and community-oriented environment make it attractive for long-term tenants. Investors can capitalize on value-add opportunities through renovations and operational enhancements to increase occupancy and returns.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$198 USD /SF

# OF UNITS

10

PRICE/UNIT

$60,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Northridge

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

-

APN/PARCEL ID

1-20-00182-00000-00000-000,1-20-00183-30000-00000-000

ASK ABOUT THIS PROPERTY

Naseem SadeghianKamy Real Property TrustMore Info
940-206-7223

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Naseem SadeghianKamy Real Property TrustMore Info
940-206-7223

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