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1815 Southline St - 1815 Southline 4 Unit Apartment Building Offered at $590,410 CAD Cleveland, TX 77327
Executive Summary
100% occupied 4-plex with leases currently in place. Excellent opportunity for investors seeking immediate cash flow. Pro forma, current rent roll, and lease agreements available upon request. Please do not disturb tenants. Showings by appointment only with listing agent approval. Buyer to independently verify room dimensions, schools, taxes, and all investment figures.
Physical Property Description:
Excellent investment opportunity in the growing Cleveland, Texas area. This fully occupied 4-plex offers immediate income potential with all units currently leased. Property features strong occupancy history, functional layouts, and convenient access to Hwy 59/I-69 for an easy commute to Houston and surrounding areas. Ideal for investors seeking stable cash flow with upside potential in a rapidly expanding market. Please do not disturb tenants. Showings by appointment only.
Physical Property Description:
Excellent investment opportunity in the growing Cleveland, Texas area. This fully occupied 4-plex offers immediate income potential with all units currently leased. Property features strong occupancy history, functional layouts, and convenient access to Hwy 59/I-69 for an easy commute to Houston and surrounding areas. Ideal for investors seeking stable cash flow with upside potential in a rapidly expanding market. Please do not disturb tenants. Showings by appointment only.
Property Facts
| Price | $590,410 CAD | Building Size | 3,028 SF |
| Price Per Unit | $147,602 CAD | Average Occupancy | 100% |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 4 | Year Built | 1982 |
| Property Type | Opportunity Zone |
Yes
|
| Price | $590,410 CAD |
| Price Per Unit | $147,602 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | |
| Building Size | 3,028 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1982 |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 000441-000181-000 | Improvements Assessment | $292,468 CAD |
| Land Assessment | $130,112 CAD | Total Assessment | $422,581 CAD |
Property Taxes
Parcel Number
000441-000181-000
Land Assessment
$130,112 CAD
Improvements Assessment
$292,468 CAD
Total Assessment
$422,581 CAD
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1815 Southline St - 1815 Southline
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