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31730976
31730975

26 Duplex Portfolio, Commerce, TX 75428

AF
Coldwell Banker Realty
Listed by Coldwell Banker Realty
$4,700,000
75 days on market
Updated 61 days ago

26 Duplex Portfolio

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 38,344
Net Rentable (SqFt) 38,344
Units 26
Cap Rate 5.00%
NOI $235,035
Occupancy 92%
Pro-Forma Cap Rate 5.26%
Pro-Forma NOI $247,395
Price per SqFt $122
Year Built 2015
Buildings 13
Stories 1
Acreage 5.720
Zoning Residential
Investment Type Owner/User

Multifamily | 5.00% CAP | 26 Units

Marketing description

Premier Investment Opportunity – 26-Unit Duplex Portfolio Near Texas A&M University-Commerce Introducing an exceptional opportunity to acquire a high-performing 26 unit duplex portfolio, on one street in the vibrant and steadily growing college town of Commerce, Texas. Just minutes from Texas A&M University in Commerce, this property benefits from strong rental demand driven by faculty, long-term residents and students seeking quality housing in a convenient location. Each unit is thoughtfully designed with a spacious 3-bedroom, 2-bath layout, featuring an open living plan that maximizes natural light and livability. Tenants enjoy the added convenience of a one-car garage and the appeal of a large yard, offering both functionality and comfort, features that help ensure consistently strong occupancy. Each unit in this portfolio was built between 2005 and 2015 and has been impeccably maintained, reflecting attentive ownership and professional management. With an impressive occupancy rate exceeding 92% and a cap rate above 5%, investors can step into a turnkey, income producing asset with proven performance and stability. Offered as a complete package deal and immediately available, this portfolio represents a rare chance to secure a large, well-positioned investment in a market with enduring demand and long-term growth potential. Seller's Principal is a Licensed Real Estate Broker in the State of Texas.

Investment highlights

  • Multi-Family
  • 2 Baths
  • 3 Bedrooms
  • Built in 2015
  • Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/21041271#tour

Listing Contacts

AF
Coldwell Banker Realty
Listed by Coldwell Banker Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$235,035.00
$19,586.25/mo

Valuation Metrics

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DSCR
5%
Cap Rate
5%
ROI

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