Multifamily
The Willows
2912 N Beaton St, Corsicana, TX 75110
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of The Willows, an 18-unit apartment community located in Corsicana, Texas. The property offers investors immediate in-place cash flow with significant upside through a strategic interior renovation program. An estimated $6,000 per unit investment is projected to generate rent premiums of up to $150 per month while positioning the asset more competitively within the market. Built in 1980, the property features durable brick veneer and wood siding construction with roofs replaced in 2021, minimizing near-term capital requirements. Currently 100% occupied, The Willows provides stable cash flow while offering attractive interest-only financing options. Ideally situated near Interstate 45, U.S. Highways 287 and 31, Navarro College, major employers, shopping, and dining, the property is well positioned to benefit from the continued growth of the Corsicana market.
Investment Highlights
- Implement an interior renovation program with approximately $6,000 per unit to achieve projected rent premiums of up to $150 per month.
- Fully occupied 18-unit community providing immediate cash flow with additional upside through rental increases and operational improvements.
- Attractive interest-only financing available in a prime Corsicana location near Navarro College, major employers, and Interstate 45.
Listing Price: Request For Offer
Investment Highlights
- Implement an interior renovation program with approximately $6,000 per unit to achieve projected rent premiums of up to $150 per month.
- Fully occupied 18-unit community providing immediate cash flow with additional upside through rental increases and operational improvements.
- Attractive interest-only financing available in a prime Corsicana location near Navarro College, major employers, and Interstate 45.
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of The Willows, an 18-unit apartment community located in Corsicana, Texas. The property offers investors immediate in-place cash flow with significant upside through a strategic interior renovation program. An estimated $6,000 per unit investment is projected to generate rent premiums of up to $150 per month while positioning the asset more competitively within the market. Built in 1980, the property features durable brick veneer and wood siding construction with roofs replaced in 2021, minimizing near-term capital requirements. Currently 100% occupied, The Willows provides stable cash flow while offering attractive interest-only financing options. Ideally situated near Interstate 45, U.S. Highways 287 and 31, Navarro College, major employers, shopping, and dining, the property is well positioned to benefit from the continued growth of the Corsicana market.