Multifamily
Breezeway
1065 Early Blvd, Early, TX 76802
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of Breezeway, a 40-unit townhome-style apartment community located in Early, Texas. Built in 1990, the property presents a compelling value-add opportunity through renovation of the remaining 24 classic units, where approximately $7,500 in improvements per residence can support projected rent premiums of around $100 per month. Breezeway benefits from an exclusively two-bedroom townhome floor plan mix, recently installed pitched shingle roofs, and 39 fully leased storage units that provide immediate ancillary income with minimal operating expense. Strategically positioned in the geographic center of Texas, the property enjoys convenient access to major regional employers including Kohler, 3M, Superior Essex, Hendrick Medical Center Brownwood, Howard Payne University, and Texas State Technical College, providing a stable foundation for long-term occupancy and investment performance.
Breezeway
Investment Highlights
- Renovate the remaining 24 classic units with approximately $7,500 per unit in improvements to achieve projected rent premiums of roughly $100 per month.
- Well-maintained asset featuring new pitched shingle roofs, spacious two-bedroom townhome residences, and 39 fully leased storage units generating recurring ancillary income.
- Centrally located near major employers including Kohler, 3M, Superior Essex, Hendrick Medical Center, Howard Payne University, and Texas State Technical College.
Listing Price: Request For Offer
Investment Highlights
- Renovate the remaining 24 classic units with approximately $7,500 per unit in improvements to achieve projected rent premiums of roughly $100 per month.
- Well-maintained asset featuring new pitched shingle roofs, spacious two-bedroom townhome residences, and 39 fully leased storage units generating recurring ancillary income.
- Centrally located near major employers including Kohler, 3M, Superior Essex, Hendrick Medical Center, Howard Payne University, and Texas State Technical College.
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of Breezeway, a 40-unit townhome-style apartment community located in Early, Texas. Built in 1990, the property presents a compelling value-add opportunity through renovation of the remaining 24 classic units, where approximately $7,500 in improvements per residence can support projected rent premiums of around $100 per month. Breezeway benefits from an exclusively two-bedroom townhome floor plan mix, recently installed pitched shingle roofs, and 39 fully leased storage units that provide immediate ancillary income with minimal operating expense. Strategically positioned in the geographic center of Texas, the property enjoys convenient access to major regional employers including Kohler, 3M, Superior Essex, Hendrick Medical Center Brownwood, Howard Payne University, and Texas State Technical College, providing a stable foundation for long-term occupancy and investment performance.
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