$409,000
214-216 Stonegate
Details
Property Type Multifamily
Sub Type Apartment Building, Duplex
Square Footage 2,441
Units 2
Cap Rate 5.92%
NOI $24,226
Occupancy 100%
Price per SqFt $168
Broker Co-Op Yes
Class B
Year Built 2014
Buildings 1
Stories 1
Investment Type Stabilized
I-35 Corridor Turnkey 100% Leased Duplex
Marketing description
This FULLY leased duplex is an excellent opportunity for any investor eyeing a low-maintenance property with a steady income! Both units are professionally managed and come with a low HOA! Conveniently located near HWY 46 and I35, the property offers easy access to major routes. This single-story duplex offers an open-concept layout, high ceilings and stained concrete flooring - a perfect combo of modern style and durability. Tenants will appreciate the desirable amenities, including a 2-car garage with front entry, a covered patio, and a fenced backyard. This property checks all the boxes for both investors and tenants!
Investment highlights
Turnkey 100% Leased
Desirable Location (I-35 Corridor)
Professional Property management
Low HOA
Listing Contacts
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$24,226.00
$2,018.83/mo
Valuation Metrics
0
DSCR
5.92%
Cap Rate
5.92%
ROI
Map
Zoning
C-3 CommercialGeneral CommercialCommercial District
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 357 uses
View all 357 uses Last updated Apr 30, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
