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5353 US Highway 377 11 Unit Apartment Building $3,250,000 ($295,455/Unit) Tioga, TX 76271
Executive Summary
100% occupied income-producing investment property includes 5 duplexes (10 townhomes) and 1 single-family home on 2.10 acres. Each townhome has 1,416 SF, and the single-family home has 1,904 SF. All new roofing was done in 2023. The townhomes have 3 bedrooms, 2 baths, an open floor plan that is bright and spacious, granite and stainless steel kitchen with a breakfast island, a dining area, a primary bedroom on the 1st floor with a full-size laundry room, a private fenced backyard, an individual carport, spray foam insulation, and an individual electric and water meter.
The single-family home has 4 bedrooms and 2.5 baths, an open floor plan on 1.91 acres.
The single-family home has 4 bedrooms and 2.5 baths, an open floor plan on 1.91 acres.
Property Facts
| Price | $3,250,000 | Apartment Style | Townhome |
| Price Per Unit | $295,455 | Building Class | A |
| Sale Type | Investment | Lot Size | 2.10 AC |
| Gross Rent Multiplier | 14.37 | Building Size | 16,064 SF |
| No. Units | 11 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2018 |
| Price | $3,250,000 |
| Price Per Unit | $295,455 |
| Sale Type | Investment |
| Gross Rent Multiplier | 14.37 |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | A |
| Lot Size | 2.10 AC |
| Building Size | 16,064 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2018 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Granite Countertops
- High Speed Internet Access
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Carpet
- Yard
- Dining Room
- Family Room
- Lawn
- Patio
- Window Coverings
Site Amenities
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 10 | - | 1,416 |
| 4+2.5 | 1 | - | 1,904 |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 394202 | Improvements Assessment | $1,634,740 |
| Land Assessment | $132,520 | Total Assessment | $1,767,260 |
Property Taxes
Parcel Number
394202
Land Assessment
$132,520
Improvements Assessment
$1,634,740
Total Assessment
$1,767,260
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Presented by
Westlake Advisors LLC
5353 US Highway 377
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