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Truman St & Lyle St Duplexes 1401/1403; 1409/14011; 1413/1415 Truman St & 706/7 10 Unit Apartment Building $1,644,492 CAD ($164,449 CAD/Unit) Cleveland, TX 77327
Investment Highlights
- Strong Population Growth
- Affordable Housing Demand
- Infrastructure and Development
- Economic Expansion
- Investment Potential
Executive Summary
Portfolio consisting of 10 fully leased units (5 duplexes).Each unit features a clean, consistent layout that is easy to manage and highly attractive to tenants. Situated in well-established neighborhoods with convenient access to local schools, shopping centers, and major highways, this portfolio is ideally positioned to meet the area’s growing demand for affordable rental housing.
Currently 100% occupied, the portfolio provides immediate cash flow with minimal overhead, making it a strong option for both new and experienced investors. As Cleveland continues to experience rapid population growth, infrastructure expansion, and economic diversification, these properties offer not only dependable rental income but also significant potential for long-term appreciation. With low-maintenance construction and scalable performance, this is a prime investment in a rising Texas submarket.
Currently 100% occupied, the portfolio provides immediate cash flow with minimal overhead, making it a strong option for both new and experienced investors. As Cleveland continues to experience rapid population growth, infrastructure expansion, and economic diversification, these properties offer not only dependable rental income but also significant potential for long-term appreciation. With low-maintenance construction and scalable performance, this is a prime investment in a rising Texas submarket.
Property Facts
| Price | $1,644,492 CAD | Building Class | C |
| Price Per Unit | $164,449 CAD | Building Size | 12,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 10 | Year Built | 1980 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment |
| Price | $1,644,492 CAD |
| Price Per Unit | $164,449 CAD |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Building Size | 12,000 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Opportunity Zone |
Yes |
Amenities
Unit Amenities
- Air Conditioning
- Ceiling Fans
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 10 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
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Truman St & Lyle St Duplexes | 1401/1403; 1409/14011; 1413/1415 Truman St & 706/7
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