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Ferguson Duplexes 9337 Ash St 4 Unit Apartment Building $295,000 ($73,750/Unit) Midway, TX 75852
Investment Highlights
- Located near TDCJ - the largest county employer
- Renovated Unit
- New Construction in One Unit
Executive Summary
Multi-Family Property in Midway featuring 2-Units each having two 1/1 efficiency apartments (total of 4 rentals). List Price includes both units; one unit has been updated; the other unit is new from the ground up. The new duplex offers a beautiful open kitchen design with stainless steel appliances, modern fixtures and hardware, new plumbing, flooring, windows, HVAC. These Duplexes offer 1 spacious bedroom with closet and ceiling fan, 1 full bathroom, a full kitchen and living area. Situated on a corner lot, the Ash Street side has a fence and on the Post Oak Loop side there is a storage garage that will soon offer a coin operated washer and dryer for all resident's use. Currently used as a lease and hold property, both units are rented on a month-to-month basis. Become the Owner and the Landlord or continue to lease and hold. Conveniently located within minutes of a state of Texas facility which employs a large number of people, centrally located between Madisonville and Crockett.
Property Facts
| Price | $295,000 | Building Class | C |
| Price Per Unit | $73,750 | Lot Size | 0.45 AC |
| Sale Type | Investment | Building Size | 2,400 SF |
| No. Units | 4 | Average Occupancy | 75% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 2022 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Price | $295,000 |
| Price Per Unit | $73,750 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 2,400 SF |
| Average Occupancy | 75% |
| No. Stories | 1 |
| Year Built | 2022 |
| Opportunity Zone |
Yes |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Ceiling Fans
- Kitchen
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $950.00 | 600 |
1 1
Property Taxes
| Parcel Number | 24918 | Improvements Assessment | $181,870 |
| Land Assessment | $12,000 | Total Assessment | $193,870 |
Property Taxes
Parcel Number
24918
Land Assessment
$12,000
Improvements Assessment
$181,870
Total Assessment
$193,870
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Ferguson Duplexes | 9337 Ash St
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