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$2,600,000
Est. payment /mo
49,813 SqFt
Active Under Contract
606 Sabine Brenham, TX 77833
UPDATED:
11/01/2024 05:01 PM
Key Details
Property Type Commercial
Sub Type Apartment
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 49,813 sqft
Price per Sqft $52
Subdivision Commercial Property
MLS Listing ID 3395257
Originating Board actris
Year Built 2018
Tax Year 2022
Lot Size 1.140 Acres
Acres 1.14
Property Description
Welcome to The Reserve on Sabine a luxurious 16 unit multifamily complex! This property is a lucrative addition to any investment portfolio, offering immediate cash flow and long-term growth potential in a desirable location! The property is a 2 story, 4 building complex, with 4 units within each building. Each unit features modern finishes, including kitchen appliances, washer/dryer hookups, and high-speed internet access, providing tenants with the convenience and comfort they desire. Brenham historically has a strong rental market which presents an opportunity for rent appreciation, further increasing returns on your investment. The complex boasts a proven track record of steady and reliable rental income and minimal turnover. With the majority of units currently occupied, you can step into a profitable venture from day one. With a thriving rental market, well-maintained property, and strong tenant demand, this investment is a wise choice for seasoned and new investors alike.
Location
State TX
County Washington
Interior
Heating Central
Cooling Central Air
Flooring Tile
Fireplace No
Exterior
Utilities Available Cable Available, Electricity Available, High Speed Internet, Sewer Connected, Water Connected
Waterfront No
Total Parking Spaces 34
Building
Sewer Public Sewer
Water Public
Structure Type Concrete,HardiPlank Type,Masonry – Partial,Wood Siding
New Construction Yes
Others
Special Listing Condition Standard
Listed by Hodde Real Estate LLC