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Old Timers Portfolio 2 Multifamily Properties Offered at $2,300,000 in Orange, TX
INVESTMENT HIGHLIGHTS
- Prime Investment Opportunity in Orange, Texas Only class A new construction in the city.
- Portfolio of Six High-Quality Duplexes: All Fully Leased.
- Stable Income with Reliable, Market-Rate Leases.
- Significant Potential for Rental Rate Increases: Just 3.5 Miles from the New $8.5 Billion Chevron Phillips Polymer Project.
- Tenant-Paid Utilities for Maximized Net Income.
- Top-Tier Properties in a Growing Market Ideal for Investors Seeking Growth and Stability.
EXECUTIVE SUMMARY
Discover an unparalleled investment opportunity with six exquisite duplexes in Orange, Texas. These properties, ranging in age from less than a year to four years old, feature spacious three-bedroom, two-bath units with attached garages, catering to the highest market standards. Fully leased at market rates with responsible tenants who handle all utilities, these duplexes represent the epitome of quality living in the city. Impeccably maintained and offering top-tier finishes, they are arguably the finest rental properties in Orange. With room for rental rate increases, this portfolio offers additional income potential. Capitalize on this rare chance to own premium, income-generating assets in a thriving market. Perfect for the discerning investor seeking stability, growth, and a standout addition to their portfolio.
PROPERTY FACTS
| Price | $2,300,000 | Status | Active |
| Price / SF | $370.97 / SF | Number of Properties | 2 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 7.30% | Total Building Size | 6,200 SF |
| Sale Type | Investment | Total Land Area | 1.82 AC |
| Price | $2,300,000 |
| Price / SF | $370.97 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 7.30% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 6,200 SF |
| Total Land Area | 1.82 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 306-324 Old Timers Rd, Orange, TX 77630 | Multifamily | 5,000 SF | 2024 | - |
| 4504-4506 Bob Hall Rd, Orange, TX 77632 | Multifamily | 1,200 SF | 2020 | - |
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