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- LoopNet Team
130 Town St
Centerville, TX 75833
Centerville Apartments · Multifamily Property For Sale · 16 Units
Investment Highlights
- Only apartment complex in Centerville
- The concrete slab with existing utilities offers the potential for 8 additional units
- Building #1 was renovated in 2013, and Building #2 is being renovated (completion by Sep-Oct 2022)
PROPERTY FACTS
| No. Units | 16 | Building Size | 10,267 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1988 |
| Building Class | C | Parking Ratio | 1.95/1,000 SF |
| Lot Size | 1.05 AC |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 1.05 AC |
| Building Size | 10,267 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1988 |
| Parking Ratio | 1.95/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
Site Amenities
- Laundry Facilities
About 130 Town St , Centerville, TX 75833
The Centerville Apartments consists of two 8-unit buildings (16 units total), a clubhouse, and a concrete slab for a potential third building on a large lot. Building #1 was renovated in 2013, and Building #2 is being renovated (completion by Sep-Oct 2022). Each unit is 650 Sq Ft, with two bedrooms and one bathroom. The clubhouse has an office, a bathroom, storage space, and a laundry room. Potential for further improvements to the asset to significantly increase profit and add value include implementing a RUBS program for tenants to pay water and increasing rents to the market rate. The concrete slab with existing utilities offers the potential for 8 additional units.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 16 | $625.00 | 650 |
PROPERTY TAXES
| Parcel Number | 07300-08600-00200-000000 | Improvements Assessment | $326,310 |
| Land Assessment | $6,000 | Total Assessment | $332,310 |
PROPERTY TAXES
zoning
| Zoning Code | B1 (Multi-Family) |
| B1 (Multi-Family) |
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