113 Reagan St Hamilton, TX 76531
- Commercial real estate
- 13,791 SF
- 1.36 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 113 Reagan St
- Year built
- 1965
- Lot size
- 1.36 lot acres
- Property size
- 13,791 SF
- Property type
- Commercial real estate
- APN
- 18549, 16410
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hamilton
- County
- Hamilton
- State
- Texas
- Longitude
- -98.1205865
- Latitude
- 31.7019389
