Current Use by Public Records
- Apartment buildings
Property Details for 1702 Bois D'arc St
- Year built
- 1961
- Property type
- Apartment buildings
Description
This exceptional investment opportunity presents an eight-unit apartment building ideally situated in Commerce, Texas, at 1702 Bois D'Arc St, 75428. The property boasts a total of 3,936 square feet across two, two-story buildings situated on an 11,440 square foot lot. Constructed in 1961, this multifamily property offers eight individual units, each featuring one bedroom and one bathroom. The asking price is $399,999, translating to $101.63 per square foot and approximately $50,000 per unit. Its prime location offers convenient access to major highways and essential amenities, including grocery stores and gas stations. The property benefits from its proximity to Texas A&M University-Commerce, ensuring a consistent tenant pool. Furthermore, its location provides easy access to larger metropolitan areas, with Plano approximately an hour away and Dallas less than two hours away, presenting significant growth potential. Seller financing is available with no credit check required. This property represents a compelling investment opportunity for those seeking a strong return on investment in a desirable location.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Commerce
- County
- Hunt
- State
- Texas
- Longitude
- -95.9057
- Latitude
- 33.2456
