Multifamily Income Property with STR
749 E N 10th St Abilene, TX 79601
For Sale
Contact for pricing
For sale at 749 E N 10th St, with Building 749 targeted for converting five units to short-term rentals.
Days on Market32
Property Features for 749 E N 10th St
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing Agency:
Dallas Office
(972) 755-5173
Listed By:
Richard Robson · License #License(s): TX: 692631
(972) 755-5173
Source:
Marcusmillichap
Added: Jun 23
Changed: Jul 23
Last Checked: Jul 23 at 8:14AM
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 Dallas Office
Investment Insights
Based on property information with market context.
Radford Hills is a multifamily income property offered for sale at 749 E N 10th St in Abilene, Texas. The offering highlights Building 749 as the focus for an operational optimization strategy, including converting five units to short-term rentals.
The property’s current performance is described as delivering an attractive cash-on-cash yield exceeding 9%, with the remarks outlining additional income projections tied to the unit conversions. The same materials also discuss expected value creation through higher net operating income as the renovation and transition strategy progresses.
The broader local demand backdrop cited in the remarks includes sustained employment supported by Dyess Air Force Base and the regional healthcare system, along with anticipated economic momentum tied to major infrastructure activity such as the upcoming Stargate AI data center.
The property’s current performance is described as delivering an attractive cash-on-cash yield exceeding 9%, with the remarks outlining additional income projections tied to the unit conversions. The same materials also discuss expected value creation through higher net operating income as the renovation and transition strategy progresses.
The broader local demand backdrop cited in the remarks includes sustained employment supported by Dyess Air Force Base and the regional healthcare system, along with anticipated economic momentum tied to major infrastructure activity such as the upcoming Stargate AI data center.
Key Highlights
- For sale at 749 E N 10th St, with Building 749 part of a value‑add plan.
- Building 749 targeted for converting five units into short‑term rentals (STRs).
- Projected incremental income of about $1,000 per converted unit per month for the STR conversions.
Property Analytics
Location Intelligence
Current Use by Public Records
Radford Hills Apartments
Apartment Complex
FAQs
What type of property is this?
Short term rental property - For sale at 749 E N 10th St, with Building 749 targeted for converting five units to short-term rentals.
Where is this short term rental property located?
The property is located at 749 E N 10th St Abilene, TX.
What are key features of this property?
This property features: For sale at 749 E N 10th St, with Building 749 part of a value‑add plan.; Building 749 targeted for converting five units into short‑term rentals (STRs).; Projected incremental income of about $1,000 per converted unit per month for the STR conversions.
