901 Lion Dr, New Boston, TX 75570
20 Unit Apartment Building | For Sale | New Boston, TX 75570
For Sale
Active
- Property Type
-
Multifamily
- Square Feet
- 15,000 SF
Listing Contacts
Greg Brownd
Ryan Franckhauser
Property Overview
The Go-Getters Multifamily Team is pleased to announce the exclusive listing of the Oak Creek Apartments in New Boston, TX. Each of the 20 units are 750 square feet and 2-beds/1-bath. The average of the current collected rents are ~$510/unit while rental comparables for 2-bed units in New Boston range from $750/month to $925/month. This asset is the ideal investment opportunity for the value-add buyer looking to make cosmetic upgrades and capitalize on up to $240+ rental increases.
Property Details
- Class
- C
- Year Built
- 1940
- Stories
- 2
- Lot Size (sq. ft)
- 83,200 SF
- Units
- 20
Highlights
- $240+ below market rent comps
- Interstate-30 access to Texarkana MSA
Nearby Properties
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