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409 Nacogdoches St
Center, TX 75935
Town Square · Multifamily Property For Sale · 24 Units

INVESTMENT HIGHLIGHTS

  • Located in East Texas in the heart of Shelby County
  • Limited direct competition - one of only two market-rate apartments in the area
  • 8,400 SF of rentable office space available for purchase with the apartments
  • One block from downtown Center, TX - walkable to employment, retail, and restaurants
  • All units are fully furnished and include washers & dryers, dishwashers, microwaves, and internet
  • Space on site to potentially develop an additional building

PROPERTY FACTS

No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 1.92 AC
Building Size 23,440 SF
Average Occupancy 92%
No. Stories 2
Year Built 2011
Parking Ratio 3.16/1,000 SF

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 16 $975.00 510
2+2 8 $1,375 860

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R20321
Land Assessment
$62,042
Improvements Assessment
$1,677,269
Total Assessment
$1,739,311
  • Listing ID: 23113970

  • Date on Market: 5/18/2021

  • Last Updated:

  • Address: 409 Nacogdoches St, Center, TX 75935

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