2300 Live Oak StCommerce, TX 75428

For Sale
Call for price

Eight-unit rental portfolio near TAMU-Commerce

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents eight charming, cottage-style apartments situated on a spacious 1.25-acre lot at 2300 Live Oak St, Commerce, TX 75428. Built in 1980, this single-story complex boasts a total of 7,200 square feet (900 sq ft per unit), offering a compelling blend of residential comfort and potential for expansion. Each unit features a three-bedroom, one-bathroom layout, providing ample living space for residents. The property's convenient location near Texas A&M University-Commerce makes it highly attractive to students, faculty, and staff, ensuring consistent occupancy. The surrounding area offers a variety of amenities, including nearby shops, restaurants, grocery stores, cafes, medical facilities, and pharmacies, enhancing the desirability of this location. The property's existing infrastructure provides a solid foundation for continued success, with the added benefit of potential for future development, as the site allows for the addition of another unit. This well-maintained property presents a rare opportunity to acquire a profitable multifamily investment in a thriving Texas community. The property's APN is 36095. This is a turnkey operation ideal for an investor seeking immediate cash flow and long-term growth potential.

Highlights

  • Eight-unit multifamily property in Commerce, TX.
  • 900 square feet per unit, three bedrooms, one bath.
  • Located on a 1.25-acre lot.
  • Built in 1980, single-story construction.
  • Potential for expansion with room to add another unit.
  • Conveniently located near Texas A&M University-Commerce.

Property Details for 2300 Live Oak St

Property type
Multifamily properties, Apartment buildings
Square Feet
900 SF
Year Built
1980
Stories
1
Lot Size (sq. ft)
54,450 SF
Units
8

Location Insight

City
Commerce
County
Hunt
State
Texas
Latitude
33.247456450756
Longitude
-95.917667000417
2300 Live Oak St, Commerce, Texas

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2300 Live Oak St
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