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1106 Esplanade St 7 Unit Apartment Building $349,999 ($50,000/Unit) Marshall, TX 75670
Investment Highlights
- Rapidly Growing Area
Executive Summary
Historic Charm with Modern Updates: Built in 1930, this 7-unit property was extensively updated in 2021-2022, blending original character with contemporary amenities.
Strong Investment: Situated in a rapidly developing area, it offers consistent occupancy, and steady rental income.
Recent Enhancements: A new roof in 2023 adds to its appeal, making this a reliable investment with potential for future value appreciation.
Strong Investment: Situated in a rapidly developing area, it offers consistent occupancy, and steady rental income.
Recent Enhancements: A new roof in 2023 adds to its appeal, making this a reliable investment with potential for future value appreciation.
Property Facts
| Price | $349,999 | Building Class | C |
| Price Per Unit | $50,000 | Lot Size | 0.25 AC |
| Sale Type | Investment | Building Size | 3,400 SF |
| No. Units | 7 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1930/2022 |
| Apartment Style | Single-Family Home | Opportunity Zone |
Yes
|
| Price | $349,999 |
| Price Per Unit | $50,000 |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 3,400 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1930/2022 |
| Opportunity Zone |
Yes |
Amenities
Unit Amenities
- Ceiling Fans
- Kitchen
- Range
- Family Room
Site Amenities
- Trash Pickup - Curbside
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | - | - |
1 1
Somewhat walkable
30/100
Moderately drivable
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | R000006956 | Improvements Assessment | $116,720 |
| Land Assessment | $2,980 | Total Assessment | $119,700 |
Property Taxes
Parcel Number
R000006956
Land Assessment
$2,980
Improvements Assessment
$116,720
Total Assessment
$119,700
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1106 Esplanade St
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