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Investment Highlights

  • Fully Occupied Property with Strong Going-in Yield
  • Long-Term Ownership - Seller has Owned for Over 36 Years
  • Potential to Individually Replat the Duplexes, Allowing for Additional Exit Strategies
  • Well-Maintained Asset with Recent Improvements
  • Private Yards and Four-Car Driveways for Every Unit
  • Outstanding Surrounding Demographics

Executive Summary

Newmark has been exclusively retained to represent the Seller in the disposition of Blair Place Duplexes (Offering, Property). All inquiries about the Offering or the Property should be directed to Newmark.

Property Facts

Sale Type Investment
No. Units 20
Property Type Multifamily
Lot Size 1.64 AC
Building Size 71,438 SF
Average Occupancy 95%
No. Stories 1
Year Built 1983
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
  • Listing ID: 39977657

  • Date on Market: 2026-03-31

  • Last Updated:

  • Address: 31938 Sanders St, Magnolia, TX 77355

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