113 S Reagan St - Apartments FOR SALE


Hamilton, TX 76531
$750,000 USD
925-999-5135
113 S Reagan St, Hamilton, TX for Sale
$750,000 USD
Apartments - FOR SALE
1/19
null | 6.63% Cap Rate

113 S Reagan St
Hamilton, TX 76531


OVERVIEW

Compass Commercial is pleased to present the exclusive opportunity to acquire the Reagan & Boynton Portfolio, consisting of two properties located at 113 S Reagan St and 501 E Boynton St in Hamilton, TX, with a total of 13,791 square feet. These two buildings, situated within a six-minute walk of each other, each contain 8 units. The properties are available for separate purchase, with the Reagan property priced at $300,000 and the Boynton property at $450,000. This acquisition represents a value-add opportunity, conveniently located within walking distance of the town square and offering easy access to HWY 281. Contact listing broker for the most recent rent roll, T12, and offering memorandum.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$64 USD /SF

# OF UNITS

16

PRICE/UNIT

$46,875

CAP RATE

6.63%

% LEASED

81%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Reagan & Boynton Portfolio

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

PARKING SPACES

26

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,242 SF

ZONING

RS-2

APN/PARCEL ID

16410,18549

ASK ABOUT THIS PROPERTY

Andrew NeumannCompassMore Info
925-999-5135

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Andrew NeumannCompassMore Info
925-999-5135

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