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120 S FM 356 - Onalaska Apartments 8 Unit Apartment Building Offered at $650,000 at a 7.44% Cap Rate Onalaska, TX 77360

Apartment Buildings Texas Onalaska 120 S FM 356, Onalaska, TX 77360

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Investment Highlights

  • Convenient location across from Onalaska Elementary
  • 0.5 miles to Lake Livingston

Executive Summary

Remodeled in 2020 with new PEX plumbing, composition roof, HVAC, vinyl plank flooring, sheetrock, and appliances.

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 $650,000 Lot Size 0.98 AC
Price Per Unit $81,250 Building Size 6,032 SF
Sale Type Investment Average Occupancy 88%
Cap Rate 7.44% No. Stories 2
No. Units 8 Year Built/Renovated 1970/2020
Property Type
Multifamily
  • Multifamily Apartments
Zoning None - No Zoning
Price $650,000
Price Per Unit $81,250
Sale Type Investment
Cap Rate 7.44%
No. Units 8
Property Type
Multifamily
  • Multifamily Apartments
Lot Size 0.98 AC
Building Size 6,032 SF
Average Occupancy 88%
No. Stories 2
Year Built/Renovated 1970/2020
Zoning None - No Zoning

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Heating
  • Ceiling Fans
  • Kitchen
  • Granite Countertops
  • Tub/Shower
  • Porch
  • Vinyl Flooring

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 8 $850.00 754
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Source: Local Logic®
(936) 328-9396

Still interested?

Contact the broker for more information about this property

Contact

  • Amy Poe
    Amy Poe
  • Amy Poe

  • Listing ID: 41705563

  • Date on Market: 8/11/2026

  • Last Updated:

  • Address: 120 S FM 356, Onalaska, TX 77360

The Multifamily Property at 120 S FM 356, Onalaska, TX 77360 is currently available for Sale. Contact Amy Poe for more information.

NEARBY LISTINGS

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120 S FM 356, Onalaska, TX for sale Primary Photo- Image 1 of 9
Exterior - Copy
120 S FM 356, Onalaska, TX for sale Building Photo- Image 2 of 8
Kitchen
120 S FM 356, Onalaska, TX for sale Building Photo- Image 3 of 8
Kitchen
120 S FM 356, Onalaska, TX for sale Building Photo- Image 4 of 8
Living
120 S FM 356, Onalaska, TX for sale Building Photo- Image 5 of 8
exterior
120 S FM 356, Onalaska, TX for sale Building Photo- Image 6 of 8
Bath
120 S FM 356, Onalaska, TX for sale Building Photo- Image 7 of 8
Bedroom
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120 S FM 356 - Onalaska Apartments

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