Property Description

An exceptional investment opportunity in the heart of Yoakum, this meticulously maintained 20-plex offers five individual fourplex units, with three situated at 201 Pecan Street and two at 603 E Gonzales Street. 603 E Gonzales St property also offers additional space for two more 4-plex units if you desired to build more. All units are 2BR/2BA and each have their own separate central HVAC system and water heater, separate electric and water meters, and in-unit laundry hookups with washer and dryers in each unit for tenant convenience. Inside, spacious open-concept living areas flow seamlessly into kitchens equipped with appliances, creating a welcoming environment for residents. Many of these units have been remodeled and updated over the last few years and are in fantastic condition. The property maintains a stellar occupancy rate, driven by its superb condition and prime location. Recent capital expenditures ensure all systems are up-to-date, reflecting true pride of ownership. Strategically located in central Yoakum, this multifamily asset offers a compelling cap rate and is fully occupied, making it a turnkey addition to any portfolio. Dont miss out on this rare chance to step into a thriving multifamily venture in one of Yoakums most desirable locations!

Property Features