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Triple Duplex on Hines 501 Hines Ave 6 Unit Apartment Building $1,814,682 CAD ($302,447 CAD/Unit) 7.72% Cap Rate Willis, TX 77378

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INVESTMENT HIGHLIGHTS

3 New Duplexes recently built in the heart of Willis, TX

easy access to 45, shopping, and jobs

EXECUTIVE SUMMARY

3 Gorgeous Townhome Duplexes! Six Units that are fully Leased in booming area! Four units are 3/2.5/1 and two units are 2/2.5/1. Great Investment Property! Low maintenance, low taxes, NO HOA! These beautiful townhomes were built in 2023 and have massive growth all around them. Close to new HEB Strip Center, new Chilis and Chipotle only 1 block away! Willis ISD. Please call or text Listing Agent for further questions.

T-12 for Hines Ave TownHomes

501-509 Hines Ave Sellers Disclosure

PROPERTY FACTS

Price	$1,814,682 CAD	Apartment Style	Low-Rise
Price Per Unit	$302,447 CAD	Building Class	C
Sale Type	Investment	Lot Size	0.34 AC
Cap Rate	7.72%	Building Size	16,776 SF
No. Units	6	No. Stories	2
Property Type	Multifamily	Year Built	2023
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	4

Price	$1,814,682 CAD
Price Per Unit	$302,447 CAD
Sale Type	Investment
Cap Rate	7.72%
No. Units	6
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.34 AC
Building Size	16,776 SF
No. Stories	2
Year Built	2023
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	4