Reagan & Boynton Portfolio | 113 S Reagan St
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Reagan & Boynton Portfolio 113 S Reagan St
16 Unit Apartment Building $1,066,500 CAD ($66,656 CAD/Unit) 6.63% Cap Rate Hamilton, TX 76531
Executive Summary
Compass Commercial is pleased to present the exclusive opportunity to acquire the Reagan & Boynton Portfolio, consisting of two properties located at 113 S Reagan St and 501 E Boynton St in Hamilton, TX, with a total of 13,791 square feet. These two buildings, situated within a six-minute walk of each other, each contain 8 units. The properties are available for separate purchase, with the Reagan property priced at $300,000 and the Boynton property at $450,000. This acquisition represents a value-add opportunity, conveniently located within walking distance of the town square and offering easy access to HWY 281.
Contact listing broker for the most recent rent roll, T12, and offering memorandum.
Contact listing broker for the most recent rent roll, T12, and offering memorandum.
Property Facts
| Price | $1,066,500 CAD | Building Class | C |
| Price Per Unit | $66,656 CAD | Lot Size | 1.36 AC |
| Sale Type | Investment | Building Size | 13,791 SF |
| Cap Rate | 6.63% | Average Occupancy | 81% |
| No. Units | 16 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1975/2020 |
| Property Subtype | Apartment | Parking Ratio | 1.89/1,000 SF |
| Apartment Style | Low Rise |
| Price | $1,066,500 CAD |
| Price Per Unit | $66,656 CAD |
| Sale Type | Investment |
| Cap Rate | 6.63% |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 1.36 AC |
| Building Size | 13,791 SF |
| Average Occupancy | 81% |
| No. Stories | 1 |
| Year Built/Renovated | 1975/2020 |
| Parking Ratio | 1.89/1,000 SF |
Unit Amenities
- Air Conditioning
- Disposal
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Range
- Lawn
- Window Coverings
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
| 2+1 | 13 | - | - |
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zoning
| Zoning Code | RS-2 (Residential, Commercial) |
| RS-2 (Residential, Commercial) |
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Reagan & Boynton Portfolio | 113 S Reagan St
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