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1815 Southline St - 1815 Southline 4 Unit Apartment Building Offered at $425,000 Cleveland, TX 77327
Executive Summary
100% occupied 4-plex with leases currently in place. Excellent opportunity for investors seeking immediate cash flow. Pro forma, current rent roll, and lease agreements available upon request. Please do not disturb tenants. Showings by appointment only with listing agent approval. Buyer to independently verify room dimensions, schools, taxes, and all investment figures.
Physical Property Description:
Excellent investment opportunity in the growing Cleveland, Texas area. This fully occupied 4-plex offers immediate income potential with all units currently leased. Property features strong occupancy history, functional layouts, and convenient access to Hwy 59/I-69 for an easy commute to Houston and surrounding areas. Ideal for investors seeking stable cash flow with upside potential in a rapidly expanding market. Please do not disturb tenants. Showings by appointment only.
Physical Property Description:
Excellent investment opportunity in the growing Cleveland, Texas area. This fully occupied 4-plex offers immediate income potential with all units currently leased. Property features strong occupancy history, functional layouts, and convenient access to Hwy 59/I-69 for an easy commute to Houston and surrounding areas. Ideal for investors seeking stable cash flow with upside potential in a rapidly expanding market. Please do not disturb tenants. Showings by appointment only.
Property Facts
| Price | $425,000 | Building Size | 3,028 SF |
| Price Per Unit | $106,250 | Average Occupancy | 100% |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 4 | Year Built | 1982 |
| Property Type | Opportunity Zone |
Yes
|
| Price | $425,000 |
| Price Per Unit | $106,250 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | |
| Building Size | 3,028 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1982 |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 000441-000181-000 | Improvements Assessment | $210,530 |
| Land Assessment | $93,660 | Total Assessment | $304,190 |
Property Taxes
Parcel Number
000441-000181-000
Land Assessment
$93,660
Improvements Assessment
$210,530
Total Assessment
$304,190
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1815 Southline St - 1815 Southline