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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

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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

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
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

PROPERTY TAXES

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
  • Listing ID: 37627389

  • Date on Market: 2025-09-10

  • Last Updated:

  • Address: 110 3rd St, Keene, TX 76059

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