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Parkway Terrace 1750 N Pine St 12 Unit Apartment Building For Sale Kountze, TX 77625
Investment Highlights
- High Occupancy
Executive Summary
Highly Occupied | Strong Cash Flow | $100+ Rent Upside | Additional 12 Unit Complex Available for Purchase Only 15 Minutes Away | Extra Land to Build On
Parkway Terrace is a highly occupied 12-unit multifamily asset offering immediate cash flow and clear value-add upside in the supply-constrained Hardin County submarket. The property features all 2BR/1BA units averaging 922 SF across two buildings with ample parking. In-place rents average $866/unit, providing $100/unit upside to market through interior upgrades. Strong T12 performance reflects a 52% NOI margin, delivering durable income from day one with organic growth potential over the hold period. This asset has additional land to either add amenities or build more units. *There is also an opportunity to purchase another 12 unit complex 15 minutes from this asset. Can be sold together or individually.
Parkway Terrace is a highly occupied 12-unit multifamily asset offering immediate cash flow and clear value-add upside in the supply-constrained Hardin County submarket. The property features all 2BR/1BA units averaging 922 SF across two buildings with ample parking. In-place rents average $866/unit, providing $100/unit upside to market through interior upgrades. Strong T12 performance reflects a 52% NOI margin, delivering durable income from day one with organic growth potential over the hold period. This asset has additional land to either add amenities or build more units. *There is also an opportunity to purchase another 12 unit complex 15 minutes from this asset. Can be sold together or individually.
Data Room Click Here to Access
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| 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 | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
Unit Amenities
- Dishwasher
- Disposal
- Washer/Dryer
- Refrigerator
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 12 | $850.00 | 922 |
1 1
Property Taxes
| Parcel Number | 001650-000650 | Improvements Assessment | $618,315 (2024) |
| Land Assessment | $6,685 (2024) | Total Assessment | $625,000 (2024) |
Property Taxes
Parcel Number
001650-000650
Land Assessment
$6,685 (2024)
Improvements Assessment
$618,315 (2024)
Total Assessment
$625,000 (2024)
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
RH Capital Partners
Parkway Terrace | 1750 N Pine St
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