- For Sale $6,700,000
- Property Type Multi-Family
- Property Size 39,109 SF
- Units 27
- Year Built 2023
- Date Updated Mar 12, 2024
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Reach out to the broker for more info on lease terms and amenities
Highlights
- 27 newly constructed contiguous homes
- All homes are spacious one-story, 3-bedroom, 2-bathroom homes, with attached 2-car garages
- Average current rents are $2150
- The average home price at the asking price is $279,196
- Stabilized Cap Rate at full lease-up +/-6.3%
- Stabilized Gross Yield at full lease up will be 10.38%
- Quality durable finishes throughout
- The SFR units offered are located in Corsicana, the County Seat of Navarro County ±50 miles south of downtown Dallas along IH-45. It has a population of around 29,000.
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Contacts
Thomas C. Johnston
SVN | SFRhub Marketplace
(602) 403-3695
Location
Getting Around
-
Bike Score ®
Somewhat Bikeable (29)
- City Corsicana, TX
- Neighborhood Oak Valley
- Zip Code 75110
- Market Central East Texas
Points of Interest
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Murphy USA
2.61 miles
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Exxon
2.91 miles
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Chevron
3.56 miles
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Valero
3.77 miles
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Shell
3.86 miles
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Valero
3.88 miles
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Shell
4.23 miles
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Alon USA
4.54 miles
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Alon
4.56 miles
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Chevron
4.62 miles
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Cicis
2.73 miles
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Burger King
2.90 miles
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Navarro Donuts
2.91 miles
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China One
3.28 miles
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Sirloin Stockade
3.75 miles
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Old Mexican Inn
3.79 miles
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Summer Palace
3.96 miles
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El Mexicano Grill
3.99 miles
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Papa John's
4.07 miles
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Braum's
4.08 miles
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Jose Antonio Navarro Elementary School
2.78 miles
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Navarro College
3.37 miles
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Alpha Learning Center
3.40 miles
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Corsicana High School
3.70 miles
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Collins School
3.91 miles
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Lee School
4.05 miles
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Lee Elementary School
4.08 miles
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Travis Elementary School
4.54 miles
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Sam Houston Elementary School
4.67 miles
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Drane Intermediate School
4.80 miles
Contact Listing Broker
Thomas C. Johnston
SVN | SFRhub Marketplace
(602) 403-3695