9-Unit Multifamily in Snyder, TX
Scurry County, TX · listed Apr 19, 2025 (557 days)
- $/unit
- $33,222
- ▼ 64% vs TX · 7th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 9
- 5 bldg
Financials
- Asking price
- $299,000
- Price per unit
- $33,222
- Price per sq ft
- Not stated
- 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
- 9
- Unit mix
- 8 duplex-style 1BR/1BA units and a 2BR/1BA single-family home
- Buildings
- 5
- Year built
- Not stated
- Building size
- Not stated
- Avg unit size
- Not stated
- Lot size
- 0.57 acres
- Condition
- Value-add
Deal terms
- Owner financing
- Available
Listing
- Listed
- Apr 19, 2025
- Days on market
- 557 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1570
About this property
Introducing the Snyder Apartments! Located at 500-506 & (address on request), Snyder, TX 79549, this property offers a prime investment opportunity at a sales price of $299,000. With a unit mix of 8 duplex-style 1BR/1BA units and a 2BR/1BA single-family home, the property comprises 9 units in 5 buildings. This distressed sale presents various potential approaches, including a redevelopment opportunity for new quadplexes or rehabbing existing units. Situated in Snyder, Texas, a burgeoning West Texas hub, the location offers excellent cash flow potential and long-term growth opportunities. With a stable tenant base from various industries and proximity to major cities, Snyder is a strategic investment choice. Don't miss out on this chance to capitalize on low acquisition costs, strong tenant demand, and Snyder's attractive economic landscape.
Contact listing broker for all due diligence at or.
Seller financing available.
Redevelopment Opportunity at a Cost Effective Entry
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Value-add | $850K | $106K$106K | — |
Owner financingStabilized | $600K | $120K$120K | 5.3% |
Stabilized | $2.6M | $163K$163K | 6.7% |
Slaton, TXStabilized | $349K | $58K$58K | 7.7% |
Slaton, TXNew construction | $3M | $300K$300K | 9%gy |
Lubbock, TXValue-add | $425K | $53K$53K | — |


