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33808695
33808694

1500 Link Avenue, Orange, TX 77630

HL
422216
$5,000,000
23 days on market
Updated 23 days ago
Opportunity zone

1500 Link Avenue

Details
Property Type Retail, Multifamily
Sub Type Apartment Building
Square Footage 66,327
NOI $165,000
Occupancy 60%
Tenancy Multi
Lease Type Modified
Lease Expiration 12/31/2026
Pro-Forma NOI $350,000
Price per SqFt $1
Class C
Acreage 3.130
Parking Spaces 1.63 per 1,000 sq ft
Investment Type Value Add
Lease Commencement 06/19/2026
Occupancy Date 06/19/2026
Ground Lease No
Sale Condition Distressed

About This Property

Marketing description

Busy business districts Price reduced from $118 per squares footage to $83 / Sales price from $6,636,000.00 reduced to $5,000,000.00 for quick sales. Owner Retire lack of management teams, Buyer needs to have apartments managements experiences.

Possible Owner financing with low interest rate, Need Letter of Intent and proof of funds, No further documents can be shown before Letter of intent.

Olympic size swimming pool, coin operated commercial washer and dryer.

70 units garden style apartment all with cover parking, next to Kroger Super Market, McDonalds, Popeye, Golden Chicken Fast-food restaurant.

Two out of Four buildings with bitumen new roof, one third of apartments recently remodel plus 15 new AC units

The economy in Orange, Texas, is experiencing a major boom, driven by massive industrial investments like the Golden Triangle Polymers plant and energy projects, which are fueling local infrastructure expansion, residential subdivisions, and retail developments

Do not disturb tenants and employees, drive-by only. Potential for Increasing Rent/Revenue (Current low rent).

Possible Master Lease for the first year helping buyers making 100% occupancy.

Investment highlights

  • Busy business districts Price reduced from $118 per squares footage to $83 / Sales price from $6,636,000.00 reduced to $5,000,000.00 for quick sales.
  • Two out of Four buildings with bitumen new roof, one third of apartments recently remodel plus 15 new AC units.
  • The economy in Orange, Texas, is experiencing a major boom, driven by massive industrial investments like Golden Triangle Polymers plant & energy proj
  • Possible Owner financing with low interest rate, Need Letter of Intent and proof of funds, No further documents can be shown before Letter of intent.
  • Olympic size swimming pool, coin operated commercial washer and dryer. 70 units garden style apartment all with cover parking, next to Kroger Market.
  • Possible Master Lease for the first year for helping buyers making 100% occupancy, Owner Retire lack of management teams, Buyer must have experience.

Listing Contacts

HL
422216

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$165,000.00
$13,750.00/mo

Valuation Metrics

0
DSCR
3.3%
Cap Rate
3.3%
ROI

Map

Zoning

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R-1 ResidentialSingle FamilyLow Density Residential
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Last updated Jan 6, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
A.O.Cain Company
License
TX0395007
Brokerage
A.O.Cain
Brokerage Phone
(281) 236-2178
Title
Broker of Record
Brokerage Address
P.O. Box 82183
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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