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    4704 University Dr Nacogdoches, TX 75965

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    4704 University Dr Nacogdoches, TX 75965


    • Commercial real estate
    • 164,902 SF
    Off-Market
    Property ID
    US82-0429465
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • University Hill / Apartment Complex / Apartment Building
    • Ewing Learning (Dr. Jim Ewing-Math, ELL expert). Author; motivating teacher workshops / Training Center

    Property Details for 4704 University Dr

    Year built
    2002
    Property size
    164,902 SF
    Property type
    Commercial real estate

    Description

    This exceptional 186-unit apartment complex, University Hill, presents a compelling value-add opportunity in Nacogdoches, Texas. Located at 4704 N University Dr, this garden-style community boasts 164,902 square feet of living space spread across nine, three-story buildings. Constructed in 2002, the property features a mix of one, two, and three-bedroom units averaging 887 square feet each, currently operating at 65.05% occupancy. The brick and plank siding buildings with pitched roofs offer a comfortable and attractive living environment. Its prime location just off Loop 224 provides easy access to the city's amenities while maintaining a tranquil residential feel. The property's proximity to Stephen F. Austin State University (1.5 miles) makes it an ideal housing option for students and faculty. Furthermore, its location within 2.5 miles of local elementary, middle, and high schools and less than two miles from the bustling North Street retail corridor adds to its appeal. With a steadily increasing population and a 7.1% rent increase as of September 2024, coupled with a lack of new multifamily construction in the market, this property offers significant potential for rental growth and repositioning as a luxury apartment community in Nacogdoches. The property is zoned for General Business use.


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    Location Insight

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    City
    Nacogdoches
    County
    Nacogdoches
    State
    Texas
    Longitude
    -94.634767
    Latitude
    31.6476204
    More about this property
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