5353 US Highway 377 - Apartments FOR SALE


Tioga, TX 76271 | 
$3,250,000 USD
5353 US Highway 377, Tioga, TX for Sale
$3,250,000 USD
Apartments - FOR SALE
1/22
null | Request Cap Rate

5353 US Highway 377
Tioga, TX 76271


OVERVIEW

100% occupied income-producing investment property includes 5 duplexes (10 townhomes) and 1 single-family home on 2.10 acres. Each townhome has 1,416 SF, and the single-family home has 1,904 SF. All new roofing was done in 2023. The townhomes have 3 bedrooms, 2 baths, an open floor plan that is bright and spacious, granite and stainless steel kitchen with a breakfast island, a dining area, a primary bedroom on the 1st floor with a full-size laundry room, a private fenced backyard, an individual carport, spray foam insulation, and an individual electric and water meter. The single-family home has 4 bedrooms and 2.5 baths, an open floor plan on 1.91 acres.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$202 USD /SF

# OF UNITS

11

PRICE/UNIT

$295,455

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2018

PARKING SPACES

4

LAND DETAILS

LAND ACRES

2.1 AC

LAND SF

91,476 SF

ZONING

-

APN/PARCEL ID

394202

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