$52.20 Per Sq Foot $13,957 est/mo Sourced by Back At You

606 Sabine,Brenham, TX 77833

Brenham TX, 77833

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Description

Welcome to The Reserve on Sabine a luxurious 16 unit multifamily complex! This property is a lucrative addition to any investment portfolio, offering immediate cash flow and long-term growth potential in a desirable location! The property is a 2 story, 4 building complex, with 4 units within each building. Each unit features modern finishes, including kitchen appliances, washer/dryer hookups, and high-speed internet access, providing tenants with the convenience and comfort they desire. Brenham historically has a strong rental market which presents an opportunity for rent appreciation, further increasing returns on your investment. The complex boasts a proven track record of steady and reliable rental income and minimal turnover. With the majority of units currently occupied, you can step into a profitable venture from day one. With a thriving rental market, well-maintained property, and strong tenant demand, this investment is a wise choice for seasoned and new investors alike.

Details

MLS#3395257
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year2018
Days On Site271
Listing Provided ByHodde Real Estate LLC | Randy Hodde

Features

SQ Feet49,813
Building(s)4
Acreage1.14
Water FrontYes

 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of May 27, 2024 at 4:05:40 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateTX
CountyWashington
CityBrenham
Zip Code77833
AreaOut of Area
Community NameCommercial Property
Listing VS Median (in Commercial Property)
Price:
$2,600,000
low | high
Med:
$1,647,500
86.634615384615% of Average
SqFt:
49,813
low | high
Med:
25,930
97.944311725855% of Average
$ / SqFt:
$52
low | high
Med:
$196
100% of Average
On Site:
271
low | high
Med:
285.000000
95.087719298246% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 9:43:56 PM PDT