225 Cora Lee St Sour Lake, TX 77659
- Land
Current Use by Public Records
- Land
Property Details for 225 Cora Lee St
- Property type
- Land
- Property subtype
- Apartment buildings
Description
This exceptional investment opportunity presents a C-Class multifamily property located at 225 E Cora Lee St, Sour Lake, TX 77659, in Hardin County. Offered at $895,000, this property boasts a compelling 7.00% capitalization rate, making it an attractive addition to any portfolio. Classified as both multifamily and commercial, and further categorized as a duplex/triplex/quadruplex, the building presents a unique investment potential. While the exact number of units is currently unavailable, the property sits on a substantial land parcel in a prime location within Sour Lake. The property's classification as a C-Class building provides an opportunity for value-add improvements and potential rental income growth. Its multifamily nature offers a stable income stream, while the commercial classification opens doors to diverse operational strategies. The property's location in Sour Lake, Texas, provides access to a growing market, offering significant potential for long-term appreciation. Detailed financial information and property specifics are available upon request. This is a rare chance to acquire a high-yield multifamily property in a desirable Texas location. Don't miss this opportunity to expand your investment portfolio with a strong, income-generating asset.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sour Lake
- County
- Hardin
- State
- Texas
- Longitude
- -94.4015
- Latitude
- 30.1377
