Jacksonville, TX 75766 645 Canada Street
$5,100,000
17 more
- MLS# 20763182
- 10/25/2024
Presented By: Matthew Marshall with Drake Real Estate & Investment; 903-581-3737
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
SQFT • 57,092
Year Built • 1978
Home Details
East Texas Apartment Complex Portfolio -
Little Creek Apartments in Jacksonville (Cherokee County) — 41 Leasable Units.
Parkview Apartments in Palestine (Anderson County) — 20 Leasable Units.
Green Oaks Apartments in Palestine (Anderson County) — 22 Leasable Units.
Deaton Duplexes in Jacksonville (Cherokee County) — 8 Leasable Units.
Currently managed with in-house property managers (two units dedicated as offices: one at Little Creek and one at Green Oaks).
All units equipped with dishwashers, refrigerators, and electric stoves and ovens.
Average occupancy is 95% across all 91 units.
Seller's note is assumable for the entire package (reach out to the sale's rep for more info).
Contact agent for OM.
Presented By: Matthew Marshall with Drake Real Estate & Investment; 903-581-3737
Interior Features for 645 Canada Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringCarpet, Other, Wood
Heating Y/NYes
General for 645 Canada Street
Additional Parcels Y/NNo
AppliancesDishwasher, ElectricCooktop, ElectricOven, Refrigerator
Attached Garage No
AttributionContact903-581-3737
Cap Rate8.0
Carport Y/NNo
CityJacksonville
Construction MaterialsBrick
CoolingCentralAir, Electric
CountyCherokee
DirectionsThis listing is a portfolio of 4 different properties located in Jacksonville & Palestine.
Electric On Property Y/NNo
Elementary SchoolWest Side
Elementary School DistrictJacksonville ISD
Garage Y/NNo
Gross Income764769.0
HOANo
HeatingCentral, Electric
High SchoolJacksonvil
High School DistrictJacksonville ISD
Home Warranty Y/NNo
Insurance Expense83734.0
Interior FeaturesOther
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet190357.2
Lot Size UnitsAcres
Middle/Junior High SchoolJacksonvil
Middle/Junior School DistrictJacksonville ISD
MobileHomeRemainsYNNo
ModificationTimestamp2025-01-16T18:38:00.187-00:00
Net Operating Income408062.0
New ConstructionNo
Number Of Units Total91
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories2
Subdivision Name146000
UtilitiesElectricityConnected, SewerAvailable, WaterAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1978
Year Built DetailsPreowned
Exterior for 645 Canada Street
Building Area Total57092.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres4.37
Lot Size Area4.37
Number of Buildings10
Open Parking Y/NNo
Parking FeaturesParkingLot
SpaNo
Total Parking100.0
Water SourcePublic
Additional Details
Price History
Schools
Elementary School
West Side Elementary School
High School
Jacksonvil High School
Middle School
Jacksonvil Middle School
Suzanne Smith
Broker/Owner