Log In/Sign Up
Your email has been sent.
214 Locust St 8 Unit Apartment Building $792,735 CAD ($99,092 CAD/Unit) Sulphur Springs, TX 75482
Investment Highlights
- Prime in town location
- High Occupancy
- Manageable 8-plex
Executive Summary
Investor opportunity in Sulphur Springs, Texas! 8-unit apartment complex with 7 of 8 units currently occupied. Solid income-producing property with strong rental appeal. Each 1-bedroom, 1-bath unit offers a functional layout, spacious walk-in closets, and separate electric meters. Property offers an ideal location for tenants, located just minutes from downtown, schools, shopping, and everyday amenities. Conveniently located approximately 90 minutes from Dallas, offering access to a major metro area while maintaining small-town appeal. Don't miss this rare opportunity to own a manageable 8-unit complex with strong rental potential.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| 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 | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $792,735 CAD | Building Class | C |
| Price Per Unit | $99,092 CAD | Lot Size | 0.49 AC |
| Sale Type | Investment | Building Size | 5,554 SF |
| No. Units | 8 | Average Occupancy | 88% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1971/2010 |
| Apartment Style | Low-Rise | Parking Ratio | 1.98/1,000 SF |
| Price | $792,735 CAD |
| Price Per Unit | $99,092 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.49 AC |
| Building Size | 5,554 SF |
| Average Occupancy | 88% |
| No. Stories | 1 |
| Year Built/Renovated | 1971/2010 |
| Parking Ratio | 1.98/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- High Speed Internet Access
- Dining Room
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | $1,103 CAD | 694 |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Total Assessment | $600,395 CAD | |
| Land Assessment | $62,229 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $538,166 CAD | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$62,229 CAD
Improvements Assessment
$538,166 CAD
Total Assessment
$600,395 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
1 of 26
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
214 Locust St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.