603 E Gonzales and 201 Pecan St, Yoakum, TX 77995
sale
$1,675,000
|
Other
Courtesy Of Coldwell Banker - Ron Brown Co
An exceptional investment opportunity in the heart of Yoakum, this meticulously maintained 20-plex offers five individual fourplex units, with three situated at 201 Pecan Street and two at 603 E Gonzales Street. 603 E Gonzales St property also offers additional space for two more 4-plex units if you desired to build more. All units are 2BR/2BA and each have their own separate central HVAC system and water heater, separate electric and water meters, and in-unit laundry hookups with washer and dryers in each unit for tenant convenience. Inside, spacious open-concept living areas flow seamlessly into kitchens equipped with appliances, creating a welcoming environment for residents. Many of these units have been remodeled and updated over the last few years and are in fantastic condition. The property maintains a stellar occupancy rate, driven by its superb condition and prime location. Recent capital expenditures ensure all systems are up-to-date, reflecting true pride of ownership. Strategically located in central Yoakum, this multifamily asset offers a compelling cap rate and is fully occupied, making it a turnkey addition to any portfolio. Don't miss out on this rare chance to step into a thriving multifamily venture in one of Yoakum's most desirable locations!
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Property Features
- Age: 31-40 Years Old
- Cooling System: Electric
- Cooling System: Central Air
- Exterior Type: Frame
- Exterior Type: BrickVeneer
- Exterior Type: LapSiding
- Floor Covering: Vinyl
- Floor Covering: Carpet
- Floors: 2
- Heating System: Electric (Heating)
- Heating System: Central
- Legal Description: LEWIS MAY, BLK 1234, LOT 1-5, ACRES 1.0120 and LEWIS MAY, BLK 1237, LOT A
- MLSID: 612810
- Roof Type: Composition
- Roof Type: Shingle
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