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COTTAGE APARTMENTS AT LIVE OAK 2300 Live Oak St 8 Unit Apartment Building For Sale Commerce, TX 75428

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Investment Highlights

  • Conveniently located near Texas A&M University-Commerce
  • Access to medical facilities and pharmacies, local clinics and hospitals just a few minutes away.
  • Variety of shops, restaurants, and services within a short distance, including grocery stores, cafes, and family-owned diners

Executive Summary

Welcome to The Cottages at Live Oak, a well-maintained apartment community located at 2300 Live Oak St, Commerce, Texas. This property consists of eight cottage-style apartments, with the potential for one more unit to be added in the future. Each apartment offers a 900-square-foot floor plan with three bedrooms and one bathroom, providing a comfortable and functional living space. The units are designed to maximize space, offering residents a cozy and practical environment. The property is conveniently located near local amenities, including shops, schools, and parks, making it an ideal place for tenants seeking a quiet yet accessible living space. With potential for growth, The Cottages at Live Oak offer an excellent opportunity for both investors and residents.

Property Facts

Sale Type Investment
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.25 AC
Building Size 7,200 SF
Average Occupancy 100%
No. Stories 1
Year Built 1980
Parking Ratio 2.78/1,000 SF

Amenities

Unit Amenities

  • Air Conditioning
  • Disposal
  • Washer/Dryer
  • Tile Floors
  • Kitchen
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Carpet
  • Wi-Fi

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1 8 - 900

Property Taxes

Property Taxes

Parcel Number
36095
Land Assessment
$69,430
Improvements Assessment
$510,620
Total Assessment
$580,050
  • Listing ID: 32692953

  • Date on Market: 8/5/2024

  • Last Updated:

  • Address: 2300 Live Oak St, Commerce, TX 75428

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