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22097303
22097304

15 Northgate Dr, Waxahachie, TX 75165 For Sale

MT
TX 0549193
Mohsen Tartibi
Listed by Mohsen Tartibi
$11,500,000
499 days on market
Updated 1 day ago

THE PARK AT NORTHGATE RESIDENCES

Details
APN 239255
Property Type Multifamily
Sub Type Apartment Building
Square Footage 54,418
Net Rentable (SqFt) 49,783
Units 49
Cap Rate 6%
NOI $689,729
Occupancy 93.87%
Tenancy Multi
Pro-Forma Cap Rate 6.01%
Pro-Forma NOI $691,353
Price per SqFt $211
Class A
Year Built 2022
Buildings 6
Stories 2
Acreage 2.960
Investment Type Stabilized

Multifamily | 6.9% CAP

Marketing description

Multifamily, Waxahachie, TX

5.5% Cap Rate

Prime Location for Thriving Residential Market

Situated near major retail outlets like Walmart and HEB

Boutique property

Low maintenance

Easy to manage

Investment highlights

Listing Contacts

MT
TX 0549193
Mohsen Tartibi
Listed by Mohsen Tartibi

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$689,729.00
$57,477.42/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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