1106 Esplanade St Marshall, TX 75670
- Commercial real estate
- 3,400 SF
- 0.25 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1106 Esplanade St
- Year built
- 1930
- Lot size
- 0.25 lot acres
- Property size
- 3,400 SF
- Property type
- Commercial real estate
Description
This exceptional 7-unit apartment building, located at 1106 Esplanade St in Marshall, Texas, presents a compelling investment opportunity. Built in 1930 and extensively renovated in 2021-2022, this property seamlessly blends historic charm with modern amenities. The 3,400 square foot building sits on a 0.25-acre lot and boasts consistent occupancy and steady rental income, making it an attractive proposition for investors seeking strong returns. Recent upgrades include a new roof installed in 2023, further enhancing the property's value and minimizing future maintenance concerns. The property's location in a rapidly developing area of Harrison County, Texas, 75670, ensures continued growth potential and strong rental demand. This multifamily investment offers a blend of historical character and modern functionality, promising both immediate income and long-term appreciation. The seven units provide a diversified income stream, and the recent renovations minimize the need for immediate capital expenditures. This is a turnkey investment ready for a new owner to step in and enjoy the benefits of a well-maintained and profitable property. The property's size and location make it an ideal investment for both seasoned investors and those new to the multifamily market.
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
- Marshall
- County
- Harrison
- State
- Texas
- Longitude
- -94.3680382
- Latitude
- 32.5548991
