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Keene Apartments 110 3rd St 7 Unit Apartment Building $1,528,532 CAD ($218,362 CAD/Unit) 6.33% Cap Rate Keene, TX 76059



EXECUTIVE SUMMARY
High Occupancy, High Demand for Rental Real Estate in Keene – Average time to lease is 15-20 days.
Land available to build 7 more units. All plans available, ready for build. Price includes the additional land
Potentially take advantage of the 100% bonus depreciation
Exceptionally low-maintenance property.
2 One Bed and One Bath and 5 Two Bed and One and a Half Bath Townhomes.
Louis Vuitton Factory Nearby
Land available to build 7 more units. All plans available, ready for build. Price includes the additional land
Potentially take advantage of the 100% bonus depreciation
Exceptionally low-maintenance property.
2 One Bed and One Bath and 5 Two Bed and One and a Half Bath Townhomes.
Louis Vuitton Factory Nearby
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,528,532 CAD | Property Subtype | Apartment |
| Price Per Unit | $218,362 CAD | Building Class | B |
| Sale Type | Investment | Building Size | 5,704 SF |
| Cap Rate | 6.33% | No. Stories | 2 |
| No. Units | 7 | Year Built | 2010 |
| Property Type | Multifamily |
| Price | $1,528,532 CAD |
| Price Per Unit | $218,362 CAD |
| Sale Type | Investment |
| Cap Rate | 6.33% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Building Size | 5,704 SF |
| No. Stories | 2 |
| Year Built | 2010 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1.5 | 5 | $1,745 CAD | 900 |
| 1+1 | 2 | $1,326 CAD | 602 |
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PROPERTY TAXES
| Parcel Number | 126-3600-02750 | Total Assessment | $640,108 CAD |
| Land Assessment | $45,124 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $594,985 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
126-3600-02750
Land Assessment
$45,124 CAD
Improvements Assessment
$594,985 CAD
Total Assessment
$640,108 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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Keene Apartments | 110 3rd St
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