JoinServicesInsightsPeopleAbout Us
USATXComfortComfort North203 Us Highway 87
203 Us Highway 87, Home with 0 bedrooms, 0 bathrooms and null parking in Comfort TX | Image 1
Link Copied
$2,900,000

203 Us Highway 87, Comfort, TX

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 15002 sqft
Garage No
Taxes $4,650
Days Active 5
Lot Size 
Approx. Age 1995
Avg. Price Per Sqft $193
MLS® Number 1877022

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This premier 2.44-acre multi-use property on Highway 87 offers a multifamily residential living with additional income potential. With a 7.5% cap rate and $215, 000 in annual net operating income this property is ideal for a multifamily owner. Built by custom home builders, the property reflects superior craftsmanship in every detail. Located at 203 Highway 87, the site comprises seven buildings, including two residential homes (one featuring an Airbnb suite), a medical office building with three residential lofts above, a charming residential cottage, and three multifamily buildings. Designed to maximize returns, this property offers a variety of income streams from short-term and long-term rentals, as well as commercial tenants. Residential rental rates are currently below market, providing significant opportunity for future growth and increased revenue. With multiple revenue streams and prime highway exposure, this is a rare investment opportunity that combines stability and long-term appreciation potential.Show Description
MLS® Number1877022
Laundry Level
Central VacNo
FireplaceNo
Acreage1.884
ExteriorOther - See Remarks
GarageNo
Approx. Age1995
Basement
Driveway
Garage Spaces
HeatElectric, Central
A/COne Central
Heating Fuel

Extras

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

Get notified of price or status changes by saving this listing