Fully Occupied Connected Townhome
For Sale
Contact for pricing
518 Oakridge Dr, Greenville, TX 75402
Nine fully leased, connected townhomes with garages and in-unit appliances near major employment and a local elementary school.
Property Size1,238 SF
Price / SF$1,575
Days on Market55
Property Features for 518 Oakridge Dr
General Information
Standard status
Active
Size
1,238 SF
Total Parking Spaces
1
Property subtype
Multifamily
Occupancy
100%
Net Operating Income
$67,000
Additional Details
Business Included
Yes
Multifamily Units
9
Building Details
Year Built
1988
Buildings
9
Stories
1
Units
9
Tenancy
Multi
Listing Agency:
Century 21 First Group Sulphur Springs
(903) 885-3146
Listed By:
Holly Gray · License #TX 0457861
Source:
Crexi
Added: Jun 20
Changed: Aug 8
Last Checked: Aug 13 at 9:22AM
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 Century 21 First Group Sulphur Springs
Investment Insights
Based on property information with market context.
This offering consists of nine fully occupied connected townhomes sold together as a package; the seller will not divide the units. Each townhome is configured with 2 bedrooms and 2 bathrooms, along with a one-car garage. The interiors include granite countertops and a kitchen equipped with a dishwasher and electric range, supporting straightforward day-to-day living for tenants.
The property is located near L3Harris Technologies and Lamar Elementary School, with convenient access to Interstate 30 for commuters into Dallas. The remarks also note easy access to shopping and dining options for tenant convenience.
For investors and operators, this is a turnkey multifamily package with all nine homes currently occupied. The mix of bedrooms and practical in-home amenities can appeal to both workforce and family tenants, while the connected layout creates a cohesive ownership and management setup. Buyers seeking a multi-unit rental portfolio beginning point can evaluate the opportunity as a fully leased package in a rental-focused area with established proximity to employment centers and everyday amenities.
The property is located near L3Harris Technologies and Lamar Elementary School, with convenient access to Interstate 30 for commuters into Dallas. The remarks also note easy access to shopping and dining options for tenant convenience.
For investors and operators, this is a turnkey multifamily package with all nine homes currently occupied. The mix of bedrooms and practical in-home amenities can appeal to both workforce and family tenants, while the connected layout creates a cohesive ownership and management setup. Buyers seeking a multi-unit rental portfolio beginning point can evaluate the opportunity as a fully leased package in a rental-focused area with established proximity to employment centers and everyday amenities.
Key Highlights
- Nine fully occupied, connected townhomes in a single package deal (seller will not divide).
- Built in 1988; each townhome has 2 bedrooms and 2 bathrooms.
- Each unit includes a one‑car garage plus in‑unit appliances: dishwasher and electric range.
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
Explore this area
Business Placement
Demographics for 75402, TX
18,983
Population
8,024
Households
2.4
Avg Household Size
41
Median Age
32%
College-Educated
93%
High-School Grad
90.8 sq mi
ZIP Area
209
Density / Sq Mi
$77,602
Median Household Income
$46,076
Median Earnings
$1,414
Median Rent
$252,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Nine fully leased, connected townhomes with garages and in-unit appliances near major employment and a local elementary school.
Where is this apartment building located?
The property is located at 518 Oakridge Dr Greenville, TX.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Nine fully occupied, connected townhomes in a single package deal (seller will not divide).; Built in 1988; each townhome has 2 bedrooms and 2 bathrooms.; Each unit includes a one‑car garage plus in‑unit appliances: dishwasher and electric range.
