Investment Overview

Marcus & Millichap is pleased to present the exclusive offering of Hackberry Apartments in Nacogdoches, Texas. Hackberry Apartments consists of eight units off of South Street (Business 59) across from Fredonia Elementary School, and near major employers including Pilgrim's Pride and Easton Corporation. With a student population of nearly 12,000 and the recent inclusion of SFA in the University of Texas System, the property presents substantial opportunities to generate stable cash flow while increase investment returns through the renovation of units, implementation of utility reimbursement, and reduction of utility expense through water conservation. The property is offered 'free and clear' of existing debt.