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Multifamily

Canton Place Apartments

1570 S Buffalo St, Canton, TX 75103

Listing Price: Request For Offer

Number of Units
40
Occupancy
98.0%

Investment Overview

Marcus & Millichap is pleased to announce the listing of Canton Place Apartments in Canton, Texas. The property consists of three buildings which have 11 one-bedroom units, 28 two-bedroom units, and one three-bedroom unit totaling to 40 units. Currently 100% occupied, the tenants are responsible for their own electricity while the owner pays for water and gas. Located just 50 miles from Dallas, this value-add property offers an opportunity to raise rents through updating of the units. Some of the amenities on the property include a laundry room with four washing and drying machines which are owner owned along with one-to-one parking. The property is situated in a market that has had historically high occupancy. Built in 1986, this property has been well maintained and offers an on-site manager to handle the day-to-day operations.

Investment Highlights

  • Strong Historical Occupancy and Financials
  • Stable East Texas Market
  • Tenants are Responsible for Their Electricity
  • Value-add Opportunity to Raise Rents
  • Well Maintained Asset at 100% Occupancy

Exclusively Listed By

Multifamily

Canton Place Apartments

Listing Price: Request For Offer

Number of Units
40
Occupancy
98.0%

Investment Highlights

  • Strong Historical Occupancy and Financials
  • Stable East Texas Market
  • Tenants are Responsible for Their Electricity
  • Value-add Opportunity to Raise Rents
  • Well Maintained Asset at 100% Occupancy

Investment Overview

Marcus & Millichap is pleased to announce the listing of Canton Place Apartments in Canton, Texas. The property consists of three buildings which have 11 one-bedroom units, 28 two-bedroom units, and one three-bedroom unit totaling to 40 units. Currently 100% occupied, the tenants are responsible for their own electricity while the owner pays for water and gas. Located just 50 miles from Dallas, this value-add property offers an opportunity to raise rents through updating of the units. Some of the amenities on the property include a laundry room with four washing and drying machines which are owner owned along with one-to-one parking. The property is situated in a market that has had historically high occupancy. Built in 1986, this property has been well maintained and offers an on-site manager to handle the day-to-day operations.

Exclusively Listed By

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