Hearne, TX 77859
$695,000
Introducing a highly desirable 8-unit multi-family property offered at 6.1 CAP, expecting 7.5 CAP in 2026 with lower tax rate and increased rents. The property consists of two updated quadplexes centrally located in Hearne, Texas with easy access to everything in town and only 20 minutes from Bryan-College Station. A great value-add property with units currently averaging $850 per month, with a 5-10% increase opportunity at renewal. The property boasts new roofs, and covered parking for all tenants, lawn care and outdoor lighting included.
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Listed by Charles Allen, Riverstone Companies, LLC