Welcome to a rare investment opportunity: a 16-unit multifamily property located in the heart of Comanche, Texas, the county seat of Comanche County. This strategically positioned asset combines stable cash flow with the charm of a small Central Texas town. With 16 units, the property offers meaningful scale while remaining… Read More manageable. In small markets like Comanche, long-term tenants are common, reducing vacancy risk. The city’s stable population, modest income levels, and moderate home values create consistent demand for quality rental housing. This 16-unit complex has been consistently well maintained, reflecting attentive ownership and stable long-term operations. Hold for cash flow or reposition with improvements and reappraise — small-town multifamily often benefits from value-add plays and long-term steadiness. This 16-unit multifamily property in Comanche, Texas, represents a compelling blend of stable income, value-add potential, and community-driven demand. For investors looking to diversify into a low-cost, small-market multifamily play with long-term upside, this asset offers a rare opportunity in Central Texas. Read Less
Courtesy of Fore Premier Properties, Daniel Edelstein.
Listing Snapshot
Days Online
4
Last Updated
Property Type
Apartment
Beds
29
Full Baths
16
Lot Size
1.64 Acres
Year Built
1967
MLS Number
21122286
Additional Details
Appliances & Equipment
Dishwasher
Building
Built in 1967, Construction materials: Brick, Levels: Two, 2 buildings, 2, Toal building area: 6436
Cooling
CentralAir, Electric
Expenses
Insurance: $2,142
Floors
Carpet
Heating
Central, HeatPump
Income
Gross income: $123,868, Net operating income: $92,870
Interior Features
HighSpeedInternet
Lot
1.6392 acres, 71,404 sqft
Parking
48 total parkings, Asphalt
Pool
None
Roof
Composition
Utilities
ElectricityConnected, WaterAvailable
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