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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



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.
DATA ROOM Click Here to Access
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
|
| 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 |
| Zoning | 4 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Views
- Freezer
SITE AMENITIES
- 24 Hour Access
- Picnic Area
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2.5 | 4 | - | - |
| 2+2.5 | 2 | - | - |
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Triple Duplex on Hines | 501 Hines Ave
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