Brenham, TX 77833,606 Sabine
$2,600,000
Est. payment /mo
Est.Price: ?

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49,813 SqFt
SOLD DATE : 11/26/2024

Key Details

Property Type Commercial

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 49,813 sqft

Price per Sqft $47

Subdivision Commercial Property

MLS Listing ID 3395257

Year Built 2018

Tax Year 2022

Lot Size 1.140 Acres

Property Description

Welcome to The Reserve on Sabine a luxurious 16 unit multifamily complex! This property is a lucrative addition to any investment portfolio, offering immediate cash flow and long-term growth potential in a desirable location! The property is a 2 story, 4 building complex, with 4 units within each building. Each unit features modern finishes, including kitchen appliances, washer/dryer hookups, and high-speed internet access, providing tenants with the convenience and comfort they desire. Brenham historically has a strong rental market which presents an opportunity for rent appreciation, further increasing returns on your investment. The complex boasts a proven track record of steady and reliable rental income and minimal turnover. With the majority of units currently occupied, you can step into a profitable venture from day one. With a thriving rental market, well-maintained property, and strong tenant demand, this investment is a wise choice for seasoned and new investors alike.

Location

State TX

County Washington

Interior

Heating Central

Cooling Central Air

Flooring Tile

Exterior

Utilities Available Cable Available, Electricity Available, High Speed Internet, Sewer Connected, Water Connected

Building

Sewer Public Sewer

Water Public

Structure Type Concrete,HardiPlank Type,Masonry – Partial,Wood Siding

New Construction Yes

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Hodde Real Estate LLC • Randy Hodde
Bought with Compass RE Texas, LLC

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Colbey Pfund

+1(310) 433-6017

Realtor | License ID: 741291

Realtor License ID: 741291

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