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Executive Summary

**Significant Price Reduction!** Don't miss this rare opportunity to acquire a fully occupied 10-unit multifamily asset in the rapidly growing Greenville, TX market. The seller has implemented an aggressive price reduction, creating an exceptional opportunity to purchase a stabilized investment property at an attractive price. The property is being offered **AS-IS**, making it an excellent opportunity for investors seeking long-term value and upside potential. The property features a diverse unit mix of 8 one-bedroom units, 1 two-bedroom unit, and 1 three-bedroom unit, consisting of an 8-unit main building and a separate 2-unit carriage house. Interior renovations were completed in 2021, and the current owner has invested over $80,000 in additional capital improvements, contributing to the property's overall condition and tenant appeal. Professionally managed and fully occupied, this asset offers a seamless transition for new ownership with stabilized occupancy already in place. Ideally located directly across from a well-maintained public park, the property benefits from strong tenant appeal and continued demand in one of North Texas' growing markets. Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this is an outstanding opportunity to acquire a well-maintained multifamily property with immediate income and future appreciation potential. Schedule your private tour today. Please do not disturb tenants. All showings require an executed contract or approval from the listing agent.
No showings prior to executed contract. Please do not disturb tenants.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
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 $99,999
Annual Per SF $9.99
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

Price $649,900
Price Per Unit $64,990
Sale Type Investment
Cap Rate 10.65%
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 7,231 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1975/2021
Parking Ratio 1.38/1,000 SF

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Trash Pickup - Curbside
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 10 - -
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
45055
Land Assessment
$60,320
Improvements Assessment
$620,660
Total Assessment
$680,980
  • Listing ID: 39503035

  • Date on Market: 2/20/2026

  • Last Updated:

  • Address: 3720 Sockwell Blvd, Greenville, TX 75401

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