1609 N Hill St - Apartments FOR SALE


Three Rivers, TX 78071
$2,195,000 USD
214-984-6285
1609 N Hill St, Three Rivers, TX for Sale
$2,195,000 USD
Apartments - FOR SALE
1/23
null | Request Cap Rate

1609 N Hill St
Three Rivers, TX 78071


HIGHLIGHTS

  • 28 furnished units
  • Well Maintained
  • Granite Countertops
  • Eagle Ford Shale Location

OVERVIEW

28 fully furnished corporate units finished in 2013. Granite Countertops, Solid Wood doors, No Carpet, Laundry Room. Asset is off Highway 281 and 3 miles from the 281 & I-37 Intersection and 1.5 miles from the Valero Refinery. Rig counts have been going up in the Eagle Ford Shale as oil prices have increased. This is an opportunity to own a multifamily asset in an area with a severe shortage of housing for oil workers.

FOR SALE DETAILS

PRICE

$2,195,000 USD

PRICE/SF

$114 USD /SF

# OF UNITS

28

PRICE/UNIT

$78,393

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Eagle Ford Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2012

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,505 SF

ZONING

-

APN/PARCEL ID

0040-0001-0040-00

ASK ABOUT THIS PROPERTY

Adrian GraciaEIM Real Estate AdvisorsMore Info
214-984-6285

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

Adrian GraciaEIM Real Estate AdvisorsMore Info
214-984-6285

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