3 Beds
2 Baths
38,344 SqFt
3 Beds
2 Baths
38,344 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 38,344 sqft
Price per Sqft $129
Subdivision S3248 Guidry Estate Addition
MLS Listing ID 21041271
Bedrooms 3
Full Baths 2
HOA Y/N None
Total Fin. Sqft 38344
Year Built 2015
Annual Tax Amount $100,539
Lot Size 0.440 Acres
Acres 0.44
Property Sub-Type Duplex
Property Description
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.
Location
State TX
County Hunt
Direction Contact Listing Agent for addresses and directions.
Interior
Interior Features Cable TV Available, High Speed Internet Available, Open Floorplan, Pantry, Walk-In Closet(s)
Heating Central, Electric
Cooling Central Air, Electric
Flooring Ceramic Tile, Luxury Vinyl Plank
Appliance Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
Heat Source Central, Electric
Exterior
Exterior Feature Rain Gutters
Garage Spaces 1.0
Fence Partial
Utilities Available All Weather Road, City Sewer, City Water, Concrete, Curbs, Individual Water Meter
Roof Type Composition
Total Parking Spaces 1
Garage Yes
Building
Lot Description Acreage, Landscaped
Story One
Foundation Slab
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Williams
Middle Schools Commerce
High Schools Commerce
School District Commerce Isd
Others
Ownership Slick Residential Ltd
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
GET MORE INFORMATION
REALTOR® | Lic# 577366