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Keene Apartments 110 3rd St 7 Unit Apartment Building $1,095,000 ($156,429/Unit) 6.33% Cap Rate Keene, TX 76059

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INVESTMENT HIGHLIGHTS

  • 100% occupancy!

EXECUTIVE SUMMARY

High Occupancy, High Demand for Rental Real Estate in Keene – Average time to lease is 15-20 days.
Land available to build 7 more units. All plans available, ready for build. Price includes the additional land
Potentially take advantage of the 100% bonus depreciation
Exceptionally low-maintenance property.
2 One Bed and One Bath and 5 Two Bed and One and a Half Bath Townhomes.
Louis Vuitton Factory Nearby

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $1,095,000
Price Per Unit $156,429
Sale Type Investment
Cap Rate 6.33%
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Building Class B
Building Size 5,704 SF
No. Stories 2
Year Built 2010

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1.5 5 $1,250 900
1+1 2 $950.00 602

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
126-3600-02750
Land Assessment
$32,000
Improvements Assessment
$421,942
Total Assessment
$453,942
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 37627389

  • Date on Market: 9/10/2025

  • Last Updated:

  • Address: 110 3rd St, Keene, TX 76059

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