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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
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
  • Listing ID: 35706348

  • Date on Market: 5/1/2025

  • Last Updated:

  • Address: 1401-1409 Moore St, Commerce, TX 75428

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