1 / 305-Unit Multifamily in Greenville, TX
TX · listed Feb 25, 2025 (610 days)
- $/unit
- $310,000
- ▲ 210% vs TX · 94th pct
- Cap rate
- —
- NOI
- $37K
- $7,385/unit/yr
- Units
- 5
- 5 bldg · 2021
Financials
- Asking price
- $1,550,000
- Price per unit
- $310,000
- Price per sq ft
- $147
- Gross rent / year
- $116,400
- Net operating income
- $36,924
- NOI per unit
- $7,385
- Cap rate
- Not stated
- Gross yield
- 7.5%gross rent ÷ price
- Occupancy
- 100%
As stated by the seller. Verify during due diligence.
Building
- Units
- 5
- Unit mix
- 5 large bedrooms and 3 full bathrooms
- Buildings
- 5
- Year built
- 2021
- Building size
- 10,540 sq ft
- Avg unit size
- 2,108 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Feb 25, 2025
- Days on market
- 610 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1931
About this property
What an AMAZING opportunity to own five beautiful townhomes, each offering incredible value and ample space for families! These townhomes are perfect for investors seeking a steady stream of rental income with long-term tenants already in place. Each unit offers 5 large bedrooms and 3 full bathrooms, providing plenty of room for families to comfortably settle in. The Kitchen has gorgeous granite countertops, abundant cabinet space, and appliances, including a refrigerator, dishwasher, and built in microwave. In addition to the stackable washer and dryer utility off each kitchen, there’s a second utility room upstairs with space for a full-size washer and dryer – perfect for busy families! The primary bedrooms feature spacious bathrooms with large showers and walk-in closets, offering tenants the ultimate retreat. These townhomes boast easy access to major highways, making commuting a breeze. Plus, they’re just minutes from schools, parks, restaurants, entertainment, businesses, and the hospital – including the nearby L-3 Harris. All five townhomes are currently leased, providing immediate income and a solid rental history. This is a rare chance to secure a well-maintained, income-producing property in a highly sought-after location. Don't miss out on this exceptional investment opportunity! Schedule a tour today!
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Greenville, TXStabilized | $800K | $160K$160K | 7.2% |
Greenville, TXStabilized | $795K | $159K$159K | 7.3% |
Greenville, TXValue-add | $650K | $130K$130K | 10.5%gy |
Greenville, TXOwner financingStabilized | $2.78M | $164K$164K | 8.7%gy |
Greenville, TXStabilized | $1.95M | $217K$217K | — |
Commerce, TX▼ 13% cutStabilized | $4.1M | $158K$158K | 5% |





