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The Colonial 3409 North St 32 Unit Apartment Building For Sale Nacogdoches, TX 75965
Investment Highlights
- NEAR STEPHEN F. AUSTIN UNIVERSITY
- REDUCE LOSS TO LEASE
- ATTRACTIVE FINANCING OPTIONS
- SIGNIFICANT RENT GROWTH
- IMPLEMENT UTILITY REIMBURSEMENT
Executive Summary
Marcus & Millichap is pleased to present the opportunity to purchase The Colonial Apartments in Nacogdoches, Texas.
Built in 1964 and renovated in 2025, The Colonial sits on 1.67 acres, and is conveniently located on North Street/Highway 59 Business in the heart of Nacogdoches. The property is one mile from Stephen F. Austin University, and close to Nacogdoches Memorial Hospital, Nacogdoches Public Schools, and Major National Retailers.
The 32-unit community features a spacious courtyards, picnic area with bbq grill, sparkling swimming pool, covered parking, and on-site laundry facility. The property offers one and two-bedroom units with open floor plans, vinyl plank flooring, energy efficient appliances, and modern finishes.
With a student population of nearly 12,000 and the recent inclusion of SFA in the University of Texas System, the properties present substantial opportunities to generate stable cash flow while increasing investment returns.
The Colonial is offered ‘free and clear’ of existing debt allowing new ownership to secure attractive financing with multiple years of interest-only available. Contact MMCC for more details.
Built in 1964 and renovated in 2025, The Colonial sits on 1.67 acres, and is conveniently located on North Street/Highway 59 Business in the heart of Nacogdoches. The property is one mile from Stephen F. Austin University, and close to Nacogdoches Memorial Hospital, Nacogdoches Public Schools, and Major National Retailers.
The 32-unit community features a spacious courtyards, picnic area with bbq grill, sparkling swimming pool, covered parking, and on-site laundry facility. The property offers one and two-bedroom units with open floor plans, vinyl plank flooring, energy efficient appliances, and modern finishes.
With a student population of nearly 12,000 and the recent inclusion of SFA in the University of Texas System, the properties present substantial opportunities to generate stable cash flow while increasing investment returns.
The Colonial is offered ‘free and clear’ of existing debt allowing new ownership to secure attractive financing with multiple years of interest-only available. Contact MMCC for more details.
Property Facts
| Sale Type | Investment | Building Size | 30,200 SF |
| No. Units | 32 | Average Occupancy | 97% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1968/2024 |
| Apartment Style | Low-Rise | Parking Ratio | 1.12/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 1.67 AC | ||
| Zoning | F1 - Commercial | ||
| Sale Type | Investment |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.67 AC |
| Building Size | 30,200 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built/Renovated | 1968/2024 |
| Parking Ratio | 1.12/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | F1 - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Range
- Tub/Shower
- Porch
- Vinyl Flooring
Site Amenities
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Picnic Area
- Pool
- Sundeck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 18 | - | 620 |
| 2+1 | 14 | - | 820 |
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The Colonial | 3409 North St
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