8-Unit Multifamily in Commerce, TX
Hunt County, TX · listed Aug 23, 2024 (796 days)
- $/unit
- $41,250
- ▼ 55% vs TX · 10th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 8
- 2 bldg · 1961
Financials
- Asking price
- $329,999
- Price per unit
- $41,250
- Price per sq ft
- $84
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 8
- Unit mix
- Each unit has 1 bedroom and 1 bathroom
- Buildings
- 2
- Year built
- 1961
- Building size
- 3,936 sq ft
- Avg unit size
- 492 sq ft
- Lot size
- Not stated
- Condition
- Not stated
Deal terms
- Owner financing
- Available
Listing
- Listed
- Aug 23, 2024
- Days on market
- 796 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1761
About this property
Great passive income opportunity! Explore this charming 8 Unit apartment building now available for sale in Commerce, TX. Each unit has 1 bedroom and 1 bathroom. This presents a fantastic investment opportunity in a prime location. Situated conveniently near major highways, as well as essential amenities such as food and gas, this property is also close to Texas A&M University - Commerce. Just an hour's drive to Plano and under two hours to Dallas, this location offers both easy accessibility and potential for growth. Don't miss out on seizing this great deal! Seller financing is available with no credit needed!
Multifamily | 8 Units | Close to Texas A&M
Highlights
Owner Financing No Credit OK Easy Process Low Down Payments Call Us Today
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Commerce, TX▼ 13% cutStabilized | $4.1M | $158K$158K | 5% |
 Greenville, TXStabilized | $1.95M | $217K$217K | — |
 Greenville, TXStabilized | $795K | $159K$159K | 7.3% |
 Greenville, TXValue-add | $650K | $130K$130K | 10.5%gy |
 Greenville, TXStabilized | $800K | $160K$160K | 7.2% |
 Greenville, TXStabilized | $1.55M | $310K$310K | 7.5%gy |