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3844 Skylane Ave
Corsicana, TX 75110

$6,700,000 USD

Apartments For Sale  •  39,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 39,000 SF
  • Lot Size 5.8 AC
  • Building Class B
  • Year Built 2023
  • Zoning R3
0 Transit Score
26 Walk Score

Highlights

Corsicana has expanding industry and jobs but an unfulfilled housing shortage
Portfolio has 27 SFR Detached Houses Built in 2023 on 70' lots
Three Floor Plans, all one story, all 3/2/2, 1401-1500 SF of GLA, leased at $1.47-$1.50/sf
Actual and Proforma Income & Expenses Render a Cap Rate of a little over 6%
Contact Wayne.Burgdorf@svn.com for PDF marketing brochure with full details

Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Washer/Dryer Hookup
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Sprinkler System
  • Stainless Steel Appliances
  • Range
  • Double Pane Windows
  • Family Room

Parking Details

Parking Available: Yes
Reserved: No
Type: TwoCarGarage
Included in Rent: Yes
Wayne Burgdorf 817-726-8586 SVN | Trinity Advisors
Wayne Burgdorf 817-726-8586 SVN | Trinity Advisors