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Gated 130-Unit Apartment Community
New
For Sale
$1,250,000

2805 North St, Nacogdoches, TX 75965

Six three-story buildings offer studio, one-bedroom and two-bedroom layouts alongside a separate commercial building.

Property SizeContact for details
Lot Size5.26 Acres
Days on Market3

Property Features for 2805 North St

General Information

Standard status Active
Lot size 5.26 Acres
Property subtype Multifamily
Occupancy 79%

Additional Details

Average Monthly Rent $745
Utilities to Site Yes
Multifamily Units 130

Amenities

Auction - Nov 16-18 | Starting Bid: $1,250,000
One Mile From SFA's $1B Campus Master Plan
18.4% T12 Vacancy Versus 98% Comp Occupancy
Over $1.96M in Recent Capital Improvements
Three Retail Leases Running Through 5/2028
Laundry and Cable Income Opportunities

Building Details

Year Built 1968
Year Renovated 2024
Buildings 7
Stories 3
Units 130
Listing Agency: Austin Office
Listed By: Fin Erwin · License #TX: 671203
Source: Marcusmillichap
Added: Oct 20 Changed: Oct 21 Last Checked: Oct 21 at 2:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Austin Office

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Investment Insights

Based on property information with market context.

This gated apartment community includes 130 units across six three-story buildings, with studio, one-bedroom and two-bedroom floor plans averaging 374 square feet. Built in 1968, the property was renovated in 2024. A separate 8,342-square-foot commercial building contains the leasing center, amenities and three retail suites, which are leased through May 2028.

The 5.26-acre property is one mile from Stephen F. Austin State University in Nacogdoches. Trailing 12-month economic occupancy was 79.3%, with physical vacancy of 18.4%.

Key Highlights

  • 130 units on 5.26 acres
  • Six three‑story apartment buildings with studio, one- and two‑bedroom units averaging 374 SF
  • Built in 1968 and renovated in 2024

Property Analytics

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Current Use

Hair Flair Hair Salon Waxed- The Hair Removal ... Spa & Massage Center Marty’s Barber Shop Barber Shop Uptown Apartments Apartment Complex Ambit Electricity Advertising Agency

Suggested Use

Top Pick Dental Office Electrical Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Building Supply Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

130
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

412
Businesses Nearby

Demographics for 75965, TX

17,652
Population
8,786
Households
2
Avg Household Size
34
Median Age
44%
College-Educated
94%
High-School Grad
77.1 sq mi
ZIP Area
229
Density / Sq Mi
$52,640
Median Household Income
$26,400
Median Earnings
$899
Median Rent
$224,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Six three-story buildings offer studio, one-bedroom and two-bedroom layouts alongside a separate commercial building.
Where is this apartment building located?
The property is located at 2805 North St Nacogdoches, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 130 units on 5.26 acres; Six three‑story apartment buildings with studio, one- and two‑bedroom units averaging 374 SF; Built in 1968 and renovated in 2024
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