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Multi-Family Investment Property Blossom TX 135-155 Holley st 9 Unit Apartment Building $1,186,532 CAD ($131,837 CAD/Unit) Blossom, TX 75416
EXECUTIVE SUMMARY
Multi-Family Investment Property For Sale
Turnkey Apartment Complex & Duplex | Stable Cash Flow | Easy Access to Paris TX & DFW
Property Overview
Unlock a unique opportunity to own a well-maintained, income-producing multi-family property in Northeast, Texas, just minutes from Paris and within an easy drive of the growing Dallas-Fort Worth Metroplex (DFW). This attractive investment includes a 7-unit apartment complex, a separately metered duplex, and an additional lot — all with strong occupancy history, reliable tenants, and meaningful recent upgrades.
Perfect for investors looking for cash flow real estate in Northeast Texas with convenient access to larger cities and major highways.
Property Highlights
Apartment Complex
- Built in 1982 | Approx. 7,000 sq. ft. | Seven (7) units
- Each unit: 2 Bedrooms / 1.5 Bathrooms
- $75,000+ in upgrades — five units updated with fresh finishes and the entire exterior upgraded with Hardie Board siding
- All but two exterior AC units replaced within the last 10 years
- Shared master water meter with individual shut-offs for each unit; tenant-paid electric
- On-site parking and good curb appeal
Stable occupancy with opportunity to increase rents on renewals
Duplex
- Built in 1999 | Approx. 925 sq. ft. per side | Two (2) units
- Each unit: 2 Bedrooms / 1 Bathroom
- One side updated: other side occupied by a long-term tenant of 9+ years
- New roof installed in April 2024
- Each unit separately metered for water, trash, and electric
- Reliable tenants and steady income stream
Additional Lot
- Included in the offering — use for parking, outdoor space, or possible future development
Operations Snapshot
- GPI: $70,000.00 Annually
- Water/Trash: Approx. $450–$500/month (master meter for apartments; duplex individually metered)
- Taxes: Refer to current Lamar County CAD assessments
- Rent Roll: Strong history of collections with below-market rents on several units — excellent potential to grow cash flow
Proximity to Larger Towns & DFW
? Minutes from Paris, TX — a regional hub for jobs, shopping, healthcare, and schools
? Quick Access to US Hwy 82 & US Hwy 271 — easy commuter routes for tenants working in Paris or surrounding towns
? Approx. 1.5–2 hours to the Dallas-Fort Worth Metroplex — benefit from metro growth trends and a steady supply of renters seeking affordable small-town housing within driving distance of DFW
? Close to the North Lamar and Paris Independent School Districts, local parks, employers, and retail options
Investment Highlights
- Solid multi-family unit mix: 7-unit apartment complex plus duplex
- Recent capital improvements: siding, interior unit updates, HVAC systems, and new duplex roof
- Tenant-paid utilities help keep owner expenses lower
- Stable occupancy with long-term tenants and below-market rents = built-in value-add upside
- Quiet small-town setting that appeals to local workforce tenants, retirees, and families
- Regional rental market with reliable demand and proven appreciation potential
Turnkey Apartment Complex & Duplex | Stable Cash Flow | Easy Access to Paris TX & DFW
Property Overview
Unlock a unique opportunity to own a well-maintained, income-producing multi-family property in Northeast, Texas, just minutes from Paris and within an easy drive of the growing Dallas-Fort Worth Metroplex (DFW). This attractive investment includes a 7-unit apartment complex, a separately metered duplex, and an additional lot — all with strong occupancy history, reliable tenants, and meaningful recent upgrades.
Perfect for investors looking for cash flow real estate in Northeast Texas with convenient access to larger cities and major highways.
Property Highlights
Apartment Complex
- Built in 1982 | Approx. 7,000 sq. ft. | Seven (7) units
- Each unit: 2 Bedrooms / 1.5 Bathrooms
- $75,000+ in upgrades — five units updated with fresh finishes and the entire exterior upgraded with Hardie Board siding
- All but two exterior AC units replaced within the last 10 years
- Shared master water meter with individual shut-offs for each unit; tenant-paid electric
- On-site parking and good curb appeal
Stable occupancy with opportunity to increase rents on renewals
Duplex
- Built in 1999 | Approx. 925 sq. ft. per side | Two (2) units
- Each unit: 2 Bedrooms / 1 Bathroom
- One side updated: other side occupied by a long-term tenant of 9+ years
- New roof installed in April 2024
- Each unit separately metered for water, trash, and electric
- Reliable tenants and steady income stream
Additional Lot
- Included in the offering — use for parking, outdoor space, or possible future development
Operations Snapshot
- GPI: $70,000.00 Annually
- Water/Trash: Approx. $450–$500/month (master meter for apartments; duplex individually metered)
- Taxes: Refer to current Lamar County CAD assessments
- Rent Roll: Strong history of collections with below-market rents on several units — excellent potential to grow cash flow
Proximity to Larger Towns & DFW
? Minutes from Paris, TX — a regional hub for jobs, shopping, healthcare, and schools
? Quick Access to US Hwy 82 & US Hwy 271 — easy commuter routes for tenants working in Paris or surrounding towns
? Approx. 1.5–2 hours to the Dallas-Fort Worth Metroplex — benefit from metro growth trends and a steady supply of renters seeking affordable small-town housing within driving distance of DFW
? Close to the North Lamar and Paris Independent School Districts, local parks, employers, and retail options
Investment Highlights
- Solid multi-family unit mix: 7-unit apartment complex plus duplex
- Recent capital improvements: siding, interior unit updates, HVAC systems, and new duplex roof
- Tenant-paid utilities help keep owner expenses lower
- Stable occupancy with long-term tenants and below-market rents = built-in value-add upside
- Quiet small-town setting that appeals to local workforce tenants, retirees, and families
- Regional rental market with reliable demand and proven appreciation potential
PROPERTY FACTS
| Price | $1,186,532 CAD | Building Class | C |
| Price Per Unit | $131,837 CAD | Lot Size | 0.78 AC |
| Sale Type | Investment | Building Size | 7,000 SF |
| No. Units | 9 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1982 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | B1 - Multi Family Dwelling | ||
| Price | $1,186,532 CAD |
| Price Per Unit | $131,837 CAD |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.78 AC |
| Building Size | 7,000 SF |
| No. Stories | 2 |
| Year Built | 1982 |
| Opportunity Zone |
Yes |
| Zoning | B1 - Multi Family Dwelling |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1.5 | 7 | - | 7,000 |
| 2+1 | 2 | - | 925 |
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $966,033 CAD | |
| Land Assessment | $9,827 CAD | Total Assessment | $975,860 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$9,827 CAD
Improvements Assessment
$966,033 CAD
Total Assessment
$975,860 CAD
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Multi-Family Investment Property Blossom TX | 135-155 Holley st
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