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800 Pine Street

Hearne, TX 77859
  • $760,000
  • STATUS: Active
  • ON SITE: 374 Days
  • MLS #: 23004167
$760,000
  • 0
    BEDS
  • 0.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,952
    SQFT
  • $109
    $/SQFT
Neighborhood:
Type:
Multi-Family
County:
Area:

School Information

Middle School:
,
School District:

Description

Introducing a highly desirable 8-unit multi-family property offered at 8.25 CAP. The property consists of two updated quadplexes centrally located in Hearne, Texas with easy access to everything in town and only 20 minutes from Bryan-College Station. A great value-add property with units currently averaging $800 per month, with a 5-10% increase opportunity at renewal. Low vacancy rates and expense ratios drive more dollars to the bottom line providing stable cash flow for the investor. The property boasts new roofs, and covered parking for all tenants, lawn care and outdoor lighting included.

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© 2024 Bryan-College Station Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Treehouse Real Estate. Data last updated 2024-04-03T23:33:38.94.
www.treehousere.com/homes/138445413
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800 Pine Street Hearne, TX 77859

  • Price: $760,000
  • Status: Active
  • On Site: 374 Days
  • MLS #: 23004167
0
Beds
0
Baths
0
½ Baths
0.41
Acres
6,952
SQFT
$109
$/SQFT
Neighborhood:
Other
County:
Robertson
Area:
Robertson
Middle School:
,
School District:
Hearne
Property Description
Introducing a highly desirable 8-unit multi-family property offered at 8.25 CAP. The property consists of two updated quadplexes centrally located in Hearne, Texas with easy access to everything in town and only 20 minutes from Bryan-College Station. A great value-add property with units currently averaging $800 per month, with a 5-10% increase opportunity at renewal. Low vacancy rates and expense ratios drive more dollars to the bottom line providing stable cash flow for the investor. The property boasts new roofs, and covered parking for all tenants, lawn care and outdoor lighting included.
Exterior Features

Construction Materials Brick Roof Composition

Interior Features

Building Area Total 6952 Cooling Central Air Ceiling Fans Electric Cooling YN Yes Flooring Carpet Tile Heating Central Electric Gas Heating YN Yes Laundry Features Washer Hookup Levels One

Property Features

Association YN No Buyer Agency Compensation 3 Parking Features Covered On Site Parking Total 8 Property Sub Type Quadruplex Senior Community YN No Sign On Property YN No

Listing information © 2024 Bryan-College Station Regional Multiple Listing Service. Listing provided courtesy of Charles Allen of Riverstone Companies, LLC: (979) 431-4400.


© 2024 Bryan-College Station Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Treehouse Real Estate. Data last updated 2024-04-03T23:33:38.94.
 
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108 E North Suite A
Bryan TX, 77801