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2903-2905 Clarksville St
Paris, TX 75460

The Gardens Apartments · Multifamily Property For Sale · 52 Units

INVESTMENT HIGHLIGHTS

  • $1.8MM+ In Improvement Upside
  • $429/Unit/Month ($0.27 PSF) Under Market Rents
  • The Police Department is Directly Across the Street from the Property
  • Roofs Replaced in 2016 & All Exteriors Painted in 2022
  • Paris High School A Rated by Niche
  • Several Solar Farms are Making Paris Their Home - Increasing the Demand for Workers

PROPERTY FACTS

No. Units 52
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.13 AC
Building Size 34,395 SF
Average Occupancy 88%
No. Stories 2
Year Built/Renovated 1970/2017
Parking Ratio 2.53/1,000 SF

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Heating
  • Ceiling Fans
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Handrails
  • Vinyl Flooring
  • Wheelchair Accessible (Rooms)
  • Window Coverings

SITE AMENITIES

  • 24 Hour Access
  • Property Manager on Site
  • Maintenance on site

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 32 - 600 - 625
2+1 20 - 710 - 850

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 12575
  • 12574
Land Assessment
$215,890
Improvements Assessment
$2,416,870
Total Assessment
$2,632,760

ZONING

Zoning Code B1 Apartments (Commercial)
B1 Apartments (Commercial)
  • Listing ID: 30955739

  • Date on Market: 2/14/2024

  • Last Updated:

  • Address: 2903-2905 Clarksville St, Paris, TX 75460

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