8-Unit Multifamily in Princeton, TX
TX · listed Aug 18, 2025 (436 days)
▼ Reduced 0.3% on Oct 24, 2026, was $301,995
- $/unit
- $37,624
- ▼ 59% vs TX · 8th pct
- Cap rate
- —
- NOI
- $26K
- $3,267/unit/yr
- Units
- 8
- 2018
Financials
- Asking price
- $300,995
- Price per unit
- $37,624
- Price per sq ft
- Not stated
- Gross rent / year
- $49,701
- Net operating income
- $26,139
- NOI per unit
- $3,267
- Cap rate
- Not stated
- Gross yield
- 16.5%gross rent ÷ price
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 8
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 2018
- Building size
- Not stated
- Avg unit size
- Not stated
- Lot size
- Not stated
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Aug 18, 2025
- Days on market
- 436 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Oct 24, 2026: $302K → $301K
- Location
- Approximate (~0.5 mi)
- Listing #
- 2166
About this property
Escape to nature with this peaceful and well-maintained RV park, perfectly suited for travelers seeking a quiet retreat. Ideally located adjacent to Army Corps of Engineers land and just a short walk to Lake Lavon, this property offers 8 RV sites with full hookups, including both 30-amp and 50-amp electric service. Sites range from 32’ to 40’, providing flexibility for various RV types. Guests enjoy clean, quiet, and friendly surroundings—an inviting atmosphere that keeps them coming back. This turnkey investment includes the business name and domain name, making ownership and operation seamless for the new buyer.
Location
Approximate area. The exact address is shared on request.
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