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    OFF-MARKET
    Commercial real estate

    113 Reagan St, Hamilton, TX 76531

    13,791 SF 1.36 ac lot Built 1965
    Property ID
    US82-6015839
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 16-unit multifamily portfolio situated in Hamilton, Texas. Comprising two buildings totaling 13,791 square feet, this Class C property offers a compelling value-add proposition. Built between 1965 and 1975, with renovations completed between 2020 and 2023, the portfolio boasts 16 units across two one-story buildings situated on a 1.36-acre lot. Conveniently located within walking distance of the town square and with easy access to Highway 281, this property presents a strong potential for rental income growth. The portfolio is zoned RS-2 Residential, Commercial, allowing for diverse usage possibilities. Each building houses 8 units, offering a manageable scale for investors. The asking price is $850,000, translating to $61.63 per square foot and $53,125 per unit. The property's address is 113 S Reagan St, Hamilton, TX 76531, with a second building located nearby. This portfolio represents a rare chance to acquire a well-positioned multifamily asset in a growing Texas market. The properties are also available for separate purchase.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1965
    Total area 13,791 SF
    Lot 1.36 ac (59,242 SF)
    APN 18549, 16410
    UPID US82-6015839
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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