Apartment Community with Laundry
1570 S Buffalo St Canton, TX 75103
1570 S Buffalo St, Canton, TX, 75103
Contact for pricing
For Sale
Contact for pricing
Pending
40-unit apartment property with on-site laundry room and central heating and cooling, currently 97.5% occupied.
Days on Market103
Property Features for 1570 S Buffalo St
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Listing agency
Waller Group Homes
(214) 818-4109
Listed by
Logan Waller · License #TX 0479147
Source
Crexi
Added: Apr 11 Updated: Jul 22 at 5:38PM Checked: Jul 22 at 5:38PM
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Investment Insights
Based on property information with market context.
Canton Place Apartments is a 40-unit, value-add multifamily property comprised of three buildings. The unit mix includes 13 one-bedroom units, 26 two-bedroom units, and one three-bedroom unit. Improvements include roof replacements completed 7–8 years ago. Residents have access to an on-site laundry room with four washers and four dryers, with central heating and cooling throughout. The property also features a playground, pet stations, and 1:1 parking.
Located at 1570 S Buffalo St in Canton, TX, the property is approximately 2 miles from the First Monday Trade Days.
The current annual NOI is reported as $129,347. The opportunity for new ownership centers on implementing an interior unit upgrade program, including black or stainless-steel appliances, upgraded flooring, and upgraded plumbing and fixtures, with rent upside outlined to as high as $238 per unit based on area rent comps. Additional revenue may be generated through a ratio utility billing system to bill back for water and gas, and the property is currently managed day-to-day by an on-site manager. Pro forma underwriting includes a 4.0% management fee.
Located at 1570 S Buffalo St in Canton, TX, the property is approximately 2 miles from the First Monday Trade Days.
The current annual NOI is reported as $129,347. The opportunity for new ownership centers on implementing an interior unit upgrade program, including black or stainless-steel appliances, upgraded flooring, and upgraded plumbing and fixtures, with rent upside outlined to as high as $238 per unit based on area rent comps. Additional revenue may be generated through a ratio utility billing system to bill back for water and gas, and the property is currently managed day-to-day by an on-site manager. Pro forma underwriting includes a 4.0% management fee.
Key Highlights
- 40‑unit Canton Place Apartments in Canton, TX, currently 97.5% occupied
- Unit mix: 13 one‑bedroom, 26 two‑bedroom, and 1 three‑bedroom across three buildings
- Laundry room with 4 washers and 4 dryers (owned) plus 1:1 parking spots
Property Analytics
Location Intelligence
Current Use by Public Records
Noble's truck and trailer ...
Auto Repair Shop
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FAQs
What type of property is this?
Apartment building - 40-unit apartment property with on-site laundry room and central heating and cooling, currently 97.5% occupied.
Where is this apartment building located?
The property is located at 1570 S Buffalo St Canton, TX.
What are key features of this property?
This property features: 40‑unit Canton Place Apartments in Canton, TX, currently 97.5% occupied; Unit mix: 13 one‑bedroom, 26 two‑bedroom, and 1 three‑bedroom across three buildings; Laundry room with 4 washers and 4 dryers (owned) plus 1:1 parking spots
