Listing provided courtesy of Coldwell Banker Realty- MLS# 21041271MLS ProviderContact Information: Aidan Flores - 972-771-9001

26 Duplex PortfolioCommerce, TX 75428

Multi-Family · 3 Beds · 2 Full Baths · 38,344 Sq. ft. | 0.44 Acres
$4,700,000 Active

26 Duplex Portfolio Overview

Visits:
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Premier Investment Opportunity – 26-Unit Duplex Portfolio Near Texas A&M University-Commerce Introducing an exceptional opportunity to acquire a high-performing 26 unit duplex portfolio, on one street in the vibrant and steadily growing college town of Commerce, Texas. Just minutes from Texas A&M University in Commerce, this property benefits from strong rental demand driven by faculty, long-term residents and students seeking quality housing in a convenient location. Each unit is thoughtfully designed with a spacious 3-bedroom, 2-bath layout, featuring an open living plan that maximizes natural light and livability. Tenants enjoy the added convenience of a one-car garage and the appeal of a large yard, offering both functionality and comfort, features that help ensure consistently strong occupancy. Each unit in this portfolio was built between 2005 and 2015 and has been impeccably maintained, reflecting attentive ownership and professional management. With an impressive occupancy rate exceeding 92% and a cap rate above 5%, investors can step into a turnkey, income producing asset with proven performance and stability. Offered as a complete package deal and immediately available, this portfolio represents a rare chance to secure a large, well-positioned investment in a market with enduring demand and long-term growth potential. Seller's Principal is a Licensed Real Estate Broker in the State of Texas.

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26 Duplex Portfolio Facts & Features

  • Type Multi-Family
  • Sq. ft. 38,344
  • Price/Sq.ft. $123
  • Lot 0.44 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Commerce ISD
  • Elementary School: Williams
  • Middle Or Junior School: Commerce
  • High School: Commerce

Income/Expenses

  • Gross Income: 424080.0
  • Insurance Expense: 25937.0
  • Net Operating Income: 235035.0

Building Information

  • Year Built: 2015
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Hunt
  • Postal City: COMMERCE
  • Subdivision Name: S3248 Guidry Estate Addition

Community/Development

  • Community Features: Curbs

Tax Information

  • Tax Annual Amount: 100539.0

General Information

  • Listing Terms: Cash,Conventional,1031 Exchange
  • Parcel Number: See Private Remarks
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Senior Community: No

Interior

Parking Information

  • Garage Spaces: 1.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 3

Building Interior

  • Building Area Source: Appraiser
  • Building Area Total: 38344.0

General Information

  • Appliances: Dishwasher,Electric Range,Disposal,Microwave,Refrigerator
  • Basement: No
  • Flooring: Ceramic Tile,Luxury Vinyl Plank
  • Foundation Details: Slab
  • Interior Features: High Speed Internet,Open Floorplan,Pantry,Cable TV,Walk-In Closet(s)
  • Levels: One
  • Living Area: 38344.0
  • Security Features: Security System,Carbon Monoxide Detector(s),Smoke Detector(s)
  • Stories: 1
  • Window Features: Window Coverings

Exterior

Parking Information

  • Parking Features: Driveway,Garage Faces Front,Garage,Garage Door Opener,Kitchen Level
  • Parking Total: 26.0

Lot Information

  • Lot Features: Acreage,Landscaped
  • Lot Size Acres: 0.44
  • Lot Size Area: 0.44
  • Lot Size Square Feet: 19166.4
  • Lot Size Units: Acres
  • Number Of Buildings: 13
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: Yes
  • Construction Materials: Brick
  • Roof: Composition

General Information

  • Covered Spaces: 1.0
  • Exterior Features: Rain Gutters
  • Fencing: Partial
  • Number Of Units Total: 26
  • Pool Features: None
  • Road Frontage Type: All Weather Road
  • Sewer: Public Sewer
  • Utilities: Sewer Available,Separate Meters,Water Available,Cable Available

Unit Information

Unit 1 Details

  • Unit Type: 3 Bedroom
  • Units Total: 26

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

26 Duplex Portfolio Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

26 Duplex Portfolio Market Data

Based on the last 30 days in this zip code

$387,719
Average List Price
$225
Average Price per Square Foot
37
Properties Sold
91
Average Days on Market
248
Properties for Sale
Calculations provided by Reliance Network


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