1013 Douglass Rd | Nacogdoches, TX 75964
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- LoopNet Team
1013 Douglass Rd
Nacogdoches, TX 75964
Casita Park · Multifamily Property For Sale · 53 Units
Investment Highlights
- Casita Park sits just outside of Nacogdoches in an Opportunity Zone and has quick access to US-59 and Hwy 21.
- 1013 Douglass Road is a value-add opportunity through capital improvements and reconfiguring rents.
- Several retailers and restaurants are within a quick drive including Family Dollar, Starbucks, Planet Fitness, Whataburger, Kroger, and dozens more.
- The multi-family property has a broad unit mix of 53 apartments with 14 studios, 27 one-bedrooms, and 12-two bedrooms.
- The opportunity is offered free and clear of existing debt, allowing new ownership to maximize returns with new financing.
- Perfectly placed in the medical district with several hospitals within a quick drive and Stephen F. Austin University within a five-minute drive.
PROPERTY FACTS
| No. Units | 53 | Lot Size | 1.53 AC |
| Property Type | Multifamily | Building Size | 40,062 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1972 |
| Building Class | B | Parking Ratio | 1.42/1,000 SF |
| No. Units | 53 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 1.53 AC |
| Building Size | 40,062 SF |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 1.42/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Washer/Dryer
- Kitchen
Site Amenities
- Playground
PROPERTY TAXES
| Parcel Number | 23558 | Improvements Assessment | $1,996,000 |
| Land Assessment | $100,000 | Total Assessment | $2,096,000 |
PROPERTY TAXES
Parcel Number
23558
Land Assessment
$100,000
Improvements Assessment
$1,996,000
Total Assessment
$2,096,000
zoning
| Zoning Code | B1 |
| B1 |
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