1401-1409 Moore St | Commerce, TX 75428
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1401-1409 Moore St
Commerce, TX 75428
THE MOORE STREET COMMONS · Multifamily Property For Sale
·
21 Units
INVESTMENT HIGHLIGHTS
- Strong Financial Performance: The property offers a compelling goingin cap rate of 8.50%, with a levered average Cash-on-Cash return of 13%
- Rent Increase Potential: With current market trends and the property’s upgraded condition, there is significant opportunity to increase rents
- Renovation Advantage: The property’s recent renovations make it an attractive option for students, offering low operational costs for new ownership.
- Stable Demand: The consistent demand for student housing near Texas A&M University-Commerce, coupled with the university’s growth
PROPERTY FACTS
| No. Units | 21 | Lot Size | 0.36 AC |
| Property Type | Multifamily | Building Size | 9,782 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Single-Family Home | Year Built | 2000 |
| Building Class | C |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 9,782 SF |
| No. Stories | 1 |
| Year Built | 2000 |
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
