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4401 North St
Nacogdoches, TX 75965
Capri Apartments · Multifamily Property For Sale
·
46 Units
EXECUTIVE SUMMARY
Capri Apartments – Prime Investment Opportunity in a High-Traffic Location! Capri Apartments offers a high-yield investment with 46 units in a prime location off North St., one of the busiest roads in town. Spanning 4.16 acres, this property features fully concreted parking, ensuring ample space and convenience for tenants. A dedicated washeteria with 4 washers and 4 dryers provides added value and steady income potential. With its high visibility and easy access, Capri Apartments is an attractive choice for renters and a strong investment opportunity for savvy buyers. Don’t miss this chance to own a well-positioned, income-producing property! Call today for more details.
PROPERTY FACTS
| Price Per Unit | $55,412 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 5.84 AC |
| Cap Rate | 8.93% | Building Size | 28,980 SF |
| Sale Condition | Business Value Included | Average Occupancy | 92% |
| No. Units | 46 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1970 |
| Property Subtype | Apartment | Parking Ratio | 2.07/1,000 SF |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Zoning | Commercial - Commercial | ||
| Price Per Unit | $55,412 CAD |
| Sale Type | Investment |
| Cap Rate | 8.93% |
| Sale Condition | Business Value Included |
| No. Units | 46 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 5.84 AC |
| Building Size | 28,980 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built | 1970 |
| Parking Ratio | 2.07/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | Commercial - Commercial |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Walk-In Closets
- Instant Hot Water
- Porch
SITE AMENITIES
- Laundry Facilities
- Individual Locking Bedrooms
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 46 | - | - |
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