1102 W 16th St - Apartments FOR SALE


Cameron, TX 76520
$1,695,000 USD
979-272-1759
1102 W 16th St, Cameron, TX for Sale
$1,695,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

1102 W 16th St
Cameron, TX 76520


HIGHLIGHTS

  • Stained concrete floors, smart thermostats, spacious rooms, nice closet space and open floorplans.
  • Centrally located between Austin, Waco and Houston.
  • Less than 45 minute commute to Samsung's new semiconductor plant in Taylor, Texas.
  • Proven occupancy and strong tenant retention.

OVERVIEW

Introducing THE COMMONS on 16th Street in Cameron, Texas where professional landlord design comes together to optimize tenant comforts and conveniences. THE COMMONS is a 20-unit duplex community with proven occupancy and strong tenant retention. OUTSIDE features include low maintenance landscaping and building exterior, paved dedicated parking, concrete sidewalks, outdoor patio areas, quiet location, cluster mailboxes and nice proximity to local amenities. INSIDE FEATURES include stained concrete floors, smart thermostats, spacious rooms, nice closet space and open floorplans. APPLIANCE PACKAGES include slide in electric range, washer/dryer, microwave oven/vent hood and refrigerator/freezer. Each unit is individually metered with add-ons including: internet, optional washer/dryer, and pet fees. Centrally located between Austin, Waco and Houston - and less than 45 minute commute to Samsung's new semiconductor plant in Taylor, Texas. There is nothing common here - opportunity awaits!

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$154 USD /SF

# OF UNITS

20

PRICE/UNIT

$84,750

CAP RATE

Request Cap Rate

% LEASED

80%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Commons

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.56 AC

LAND SF

111,514 SF

ZONING

-

APN/PARCEL ID

76775, 76778

ASK ABOUT THIS PROPERTY

Spencer ScottHome & Ranch Real EstateMore Info
979-272-1759

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Spencer ScottHome & Ranch Real EstateMore Info
979-272-1759

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.