Property
Beds
3
Full Baths
2
1/2 Baths
None
Year Built
2015
Sq.Footage
38,344
Premier Investment Opportunity – 26-Unit Duplex Portfolio Near Texas A&M University-Commerce Introducing an exceptional opportunity to acquire a high-performing 26 unit duplex portfolio, on one street in the vibrant and steadily growing college town of Commerce, Texas. Just minutes from Texas A&M University in Commerce, this property benefits from strong rental demand driven by faculty, long-term residents and students seeking quality housing in a convenient location. Each unit is thoughtfully designed with a spacious 3-bedroom, 2-bath layout, featuring an open living plan that maximizes natural light and livability. Tenants enjoy the added convenience of a one-car garage and the appeal of a large yard, offering both functionality and comfort, features that help ensure consistently strong occupancy. Each unit in this portfolio was built between 2005 and 2015 and has been impeccably maintained, reflecting attentive ownership and professional management. With an impressive occupancy rate exceeding 92% and a cap rate above 4.6%, investors can step into a turnkey, income producing asset with proven performance and stability. Offered as a complete package deal and immediately available, this portfolio represents a rare chance to secure a large, well-positioned investment in a market with enduring demand and long-term growth potential. Seller's Principal is a Licensed Real Estate Broker in the State of Texas.
Features & Amenities
Interior
-
Other Interior Features
Open Floorplan, Pantry, Walk-In Closet(s), High Speed Internet
-
Total Bedrooms
3
-
Bathrooms
2
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
Yes
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Construction Materials
Brick
-
Other Exterior Features
Rain Gutters
-
Parking
Driveway, Garage, Garage Door Opener, Garage Faces Front, Kitchen Level, Attached
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Landscaped
-
Lot Size(acres)
0.44
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$4,950,000
-
Tax Amount
100539.0
-
Sq. Footage
38, 344
-
Price/SqFt
$129
HOA
-
Association
No
School District
-
Elementary School
Williams
-
Middle School
Commerce
-
High School
Commerce
Property Features
-
Foundation Details
Slab
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
Sev.
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Hunt
Elementary School
Williams
Middle School
Commerce
High School
Commerce
Listing Courtesy of Aidan Flores , Coldwell Banker Realty
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Office and Team Coordinator
MhamerSas
Call Mhamer today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.