Brenham, TX 77833,606 Sabine

$2,600,000

Est.Price: ?

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Est. payment /mo

49,813 SqFt


SOLD DATE : 11/26/2024

Key Details

Property Type Commercial

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 49,813 sqft

Price per Sqft $47

Subdivision Commercial Property

MLS Listing ID 3395257

Sold Date 11/26/24

Originating Board actris

Year Built 2018

Tax Year 2022

Lot Size 1.140 Acres

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 N

Exterior

Utilities Available Cable Available, Electricity Available, High Speed Internet, Sewer Connected, Water Connected

Accessibility None

Total Parking Spaces 34

Building

Sewer Public Sewer

Water Public

Structure Type Concrete,HardiPlank Type,Masonry – Partial,Wood Siding

New Construction Yes

Others

Restrictions Development Type,Zoning

Acceptable Financing Cash, Conventional

Tax Rate 1.832

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Hodde Real Estate LLC • Randy Hodde
Bought with Compass RE Texas, LLC
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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