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33768132
33768133

518 Oakridge Dr, Greenville, TX 75402

HG
TX 0457861
Century 21 First Group Sulphur Springs
Listed by Century 21 First Group Sulphur Springs
$1,950,000
20 days on market
Updated 20 days ago

518 Oakridge Drive

Details
APN 53256
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,238
Units 9
NOI $67,000
Price per SqFt $1,575
Year Built 1988
Buildings 9
Stories 1
Acreage 0.069
Parking Spaces 1 spaces
Parking per 1,000 SqFt 0.81

Multifamily | 9 Units

Marketing description

Nine fully occupied connected townhomes offering an outstanding investment opportunity in a high-demand rental area near L3Harris Technologies and Lamar Elementary School. Seller prefers to sell all nine units together as a package deal and will not divide. Each townhome features 2 bedrooms, 2 bathrooms, a one-car garage, granite countertops, dishwasher, and electric range. Strong tenant appeal due to proximity to major employers, schools, shopping, restaurants, and convenient access to Interstate 30 for commuters traveling into Dallas. Property offers stable occupancy with excellent income-producing potential for investors seeking a turnkey multifamily opportunity. Functional floorplans, low-maintenance features, and desirable location contribute to long-term rental demand. Easy access to retail, dining, and everyday conveniences makes these units attractive for both workforce and family tenants. Excellent opportunity to expand or begin an investment portfolio with a fully leased package in a growing area. Current occupancy provides immediate cash flow with upside potential for future appreciation and rental growth. Rare chance to acquire multiple connected townhomes in one transaction with strong rental history and desirable amenities. Ideal for investors looking for consistent income, strong tenant retention, and a property positioned near employment centers and commuter routes.


Investment highlights

  • https://www.propertypanorama.com/instaview/ntreis/21276833#tour

Listing Contacts

HG
TX 0457861
Century 21 First Group Sulphur Springs
Listed by Century 21 First Group Sulphur Springs

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$67,000.00
$5,583.33/mo

Valuation Metrics

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DSCR
3.44%
Cap Rate
3.44%
ROI

Map

Zoning

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SF-A ResidentialSingle FamilySingle Family Attached
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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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