Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1965
Sq.Footage
N/A
Welcome to this exceptional 38-unit multifamily community located in the heart of Gainesville, Texas. This well maintained property offers a rare investment opportunity with strong occupancy and a stable income. Situated on a spacious lot in a quiet, residential neighborhood, the complex features a mix of one to three bedroom units, thoughtfully designed for comfortable living. Select units have been recently updated with modern finishes, offering immediate appeal to tenants and upside potential for investors. The property includes an onsite laundry facility and is within close proximity to local schools, shopping and dining. Whether you're expanding your portfolio or entering the multifamily space, this Gainesville asset presents a compelling blend of cash flow and future growth potential. Listed under appraised value!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Wall Unit(s)
-
Heating YN
YES
-
Heating
Electric, None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Wood Siding, Brick
-
Parking
Additional Parking
-
Pool
No
Area & Lot
-
Lot Size(acres)
1.828
-
Property Type
Residential Income
-
Property Sub Type
Apartment
Price
-
Sales Price
$2,950,000
-
Tax Amount
24214.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Edison
-
Middle School
Gainesvill
-
High School
Gainesvill
Property Features
-
Foundation Details
Concrete Perimeter
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cooke
Elementary School
Edison
Middle School
Gainesvill
High School
Gainesvill
Listing Courtesy of TANDA STRINGFELLOW , Tanda Stringfellow Broker
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Office and Team Coordinator
Mhamer Sas
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