604 N 3rd St, Haskell, TX 79521

$1,443,300

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List Price
$1,443,300
MLS#
21248958
Status
ACTIVE UNDER CONTRACT
Type
Commercial
Subtype
CommercialSale
Year Built
1970
Construction Status
Preowned
Acres
0.77
County
Haskell
City
Haskell
Subdivision
Original Town Haskell

Property Description

Unlock the potential of this fully leased 3-unit, 17-room apartment complex spanning two accessible locations( 604 N 3rd and 1107 N 10th, Haskell TX). Featuring a mix of well-sized 2bedroom 1bath and 1bedroom,1bath units, this property offers stable income and long-term growth. Recent upgrades include a new roof and roof installation prior to closing, enhancing durability and appeal. With full occupancy and a competitive price of just $100 per square foot, this is a prime opportunity for investors seeking reliable returns in a thriving rental market. Contact the listing agent for detailed information on the income and expense reports. Property only available to be shown with proof or pre approval or proof of funds. Highlights: Strong 11.75% cap rate at asking price, Stabilized income with diversified rent mix, Low operating expenses relative to gross income, Attractive cash-flow opportunity under $1.5M.

Additional Information

Unexempt Taxes
$2,158
Tenant Pays
Other
Lot Size
33,541
Acres
0.77
Flooring
Carpet, Concrete, Laminate
Foundation
Slab
Roof
Composition
Building Stories
1
Parking Garage
Carport, Other
Possession
CloseOfEscrow
Proposed Use
Other
Inclusions
Business

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Bridget Guess from HCR Realty LLC. Contact: 940-864-8109