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Mixed-Use / Multi Tenant Portfolio 2 Properties Offered at $495,778 CAD in Abilene, TX
Investment Highlights
- Priced at $350,000 with approximately $3,000/month in current rent; attractive entry-level multi-tenant investment with immediate cash flow.
- Mix of residential and commercial use: three occupied residential units plus a former auto-sales building with N 1st frontage.
- Three buildings on two neighboring parcels at the corner of N 1st Street and Victoria Street in Abilene, TX
Executive Summary
Priced at $350,000 and generating approx. $3,000/month in rent from the residential rentals, this three-building, two-parcel portfolio at N 1st & Victoria offers an affordable, cash-flowing entry into multi-tenant ownership. Two occupied residential structures plus a former used car lot that has a third occupied residential unit attached to it. With N 1st frontage provide diversified income and a clear value-add path through repositioning or re-tenanting the commercial building. Corner visibility and easy access make this a strong fit for a local owner-operator or investor seeking small-scale mixed-use upside
Property Facts
| Price | $495,778 CAD | Status | Active |
| Price / SF | $107.22 CAD / SF | Number of Properties | 2 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 9% | Total Building Size | 4,624 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.15 AC |
| Price | $495,778 CAD |
| Price / SF | $107.22 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 9% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 4,624 SF |
| Total Land Area | 0.15 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 117 Victoria St, Abilene, TX 79603 | Multifamily | 2,464 SF | 1944 | - |
| 1940 N 1st St, Abilene, TX 79603 | Office | 2,160 SF | 1950 | - |
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Presented by
Mccullar Property Group
Mixed-Use / Multi Tenant Portfolio
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