700 Marvin Hancock Dr, Jasper, TX 75951
3 Multifamily Properties in Jasper, TX
For Sale
Active
- Property Type
-
Multifamily
- Square Feet
- 79,382 SF
Listing Contacts
Taylor Gaspard
Brad Shaffer
Brandon Miller
Property Overview
Newmark has been exclusively retained to represent the Seller in the disposition of Park Apartments. All inquiries about the Offering or the Property should be directed to Newmark. Property is being offered on an “All Cash” basis to qualified purchasers. Prospective purchasers will have the opportunity to visit the Property through scheduled tours with Newmark. Please do not contact the on-site management directly.
Highlights
- Well-maintained assets – the properties are very clean, and all roofs were replaced in 2020.
- Robust property operations – the Properties are well-occupied and in-place rents have steadily grown across recent leases.
- Strong value-add potential – only light unit upgrades have been implemented as needed at the Properties.
- Additional upside opportunities include charging tenants for water/sewer/trash, renting out washer & dryer appliances to tenants.
- Low supply market which limits direct competition.
- Proximity (from 700 Marvin Hancock Dr.) to employers, schools, community amenities, and everyday conveniences.
All available spaces
- Space
- Park Apartments
- Size
- 47,292 SF
- Space Subtype
- Multifamily
- Space
- Size
- 19,842 SF
- Space Subtype
- Multifamily
- Space
- Size
- 12,248 SF
- Space Subtype
- Multifamily
Nearby Properties
FAQ
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