1702 Bois D'arc StCommerce, TX 75428

For Sale
$399,999

Eight-unit apartment complex, excellent investment.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents an eight-unit apartment building ideally situated in Commerce, Texas, at 1702 Bois D'Arc St, 75428. The property boasts a total of 3,936 square feet across two, two-story buildings situated on an 11,440 square foot lot. Constructed in 1961, this multifamily property offers eight individual units, each featuring one bedroom and one bathroom. The asking price is $399,999, translating to $101.63 per square foot and approximately $50,000 per unit. Its prime location offers convenient access to major highways and essential amenities, including grocery stores and gas stations. The property benefits from its proximity to Texas A&M University-Commerce, ensuring a consistent tenant pool. Furthermore, its location provides easy access to larger metropolitan areas, with Plano approximately an hour away and Dallas less than two hours away, presenting significant growth potential. Seller financing is available with no credit check required. This property represents a compelling investment opportunity for those seeking a strong return on investment in a desirable location.

Highlights

  • Eight-unit apartment building in Commerce, TX, at 1702 Bois D'Arc St.
  • 3,936 square feet on an 11,440 square foot lot; two two-story buildings.
  • Eight 1 bed/1 bath units.
  • Asking price: $399,999 ($101.63/SF, ~$50,000/unit).
  • Convenient location near Texas A&M University-Commerce, major highways, and amenities.
  • Seller financing available, no credit check required.

Property Details for 1702 Bois D'arc St

Property type
Multifamily properties, Apartment buildings
Square Feet
3,936 SF
Year Built
1961
Buildings
2
Stories
2
Units
8

Location Insight

City
Commerce
County
Hunt
State
Texas
Latitude
33.2455939
Longitude
-95.9057277
1702 Bois D'arc St, Commerce, Texas

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1702 Bois D'arc St
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