Naples Apartments
$800,000
402 Wl Doc Dodson West, Naples, TX 75568
11,520 sqft
Building Size
28
Units
Details:
Description:
At just ~$28.5K/unit, the Naples Apartments have been regularly maintained, with capex items including ~2yr old roofs and main plumbing lines (replaced with PVC). Additional plumbing has been upgraded to PEX from copper as needed. The apartments are located directly next door to the new Family Dollar (built in 2022), which provides convenient shopping for tenants. Long-term ownership combined with remote self-management presents a compelling opportunity to enhance both performance and value through more efficient operations.
The apartments are located directly next door to the new Family Dollar (built in 2022), which provides convenient shopping for tenants. The city of Naples is located just ~20 minutes from Mount Pleasant, ~50 minutes from Texarkana, and ~1 hour from Longview, TX.
~$28.5k/unit
12 years of ownership
Updated Roofs & Plumbing
Documents:
| Title | ||
|---|---|---|
| Naples Offering Memorandum |
Location
Gallery
