Multifamily
Elm Street
501 Elm St, Sweetwater, TX 79556
Listing Price: $1,175,000
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of Elm Street, a 24-unit multifamily community located in Sweetwater, TX. Built in 1978 and recently renovated, the property offers modern interiors and consistent occupancy. Elm Street presents immediate upside through six unleased on-site storage units, which can generate additional revenue with zero capex. The property is walkable to Ludlum Measurements, Sweetwater’s largest private employer, and close to Rolling Plains Memorial Hospital. Just 10 minutes away, Georgia-Pacific’s newly opened $325 million production facility further bolsters the area’s economic profile. Attractive interest-only financing options are available. Contact Matt Aslan at (972) 755-5275 for more information.
Listing Price: $1,175,000
Investment Highlights
- Fully upgraded interiors provide a competitive edge and drive strong occupancy.
- 6 of 7 on-site storage lockers are currently vacant, offering non-rental income potential.
- Flexible debt options with interest-only terms available to maximize investor returns.
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of Elm Street, a 24-unit multifamily community located in Sweetwater, TX. Built in 1978 and recently renovated, the property offers modern interiors and consistent occupancy. Elm Street presents immediate upside through six unleased on-site storage units, which can generate additional revenue with zero capex. The property is walkable to Ludlum Measurements, Sweetwater’s largest private employer, and close to Rolling Plains Memorial Hospital. Just 10 minutes away, Georgia-Pacific’s newly opened $325 million production facility further bolsters the area’s economic profile. Attractive interest-only financing options are available. Contact Matt Aslan at (972) 755-5275 for more information.
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