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4401 North St
Nacogdoches, TX 75965

Capri Apartments · Multifamily Property For Sale · 46 Units

EXECUTIVE SUMMARY

Capri Apartments – Prime Investment Opportunity in a High-Traffic Location! Capri Apartments offers a high-yield investment with 46 units in a prime location off North St., one of the busiest roads in town. Spanning 4.16 acres, this property features fully concreted parking, ensuring ample space and convenience for tenants. A dedicated washeteria with 4 washers and 4 dryers provides added value and steady income potential. With its high visibility and easy access, Capri Apartments is an attractive choice for renters and a strong investment opportunity for savvy buyers. Don’t miss this chance to own a well-positioned, income-producing property! Call today for more details.

PROPERTY FACTS

Price Per Unit $57,748 CAD
Sale Type Investment
Cap Rate 8.93%
Sale Condition Business Value Included
No. Units 46
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 5.84 AC
Building Size 28,980 SF
Average Occupancy 92%
No. Stories 2
Year Built 1970
Parking Ratio 2.07/1,000 SF
Opportunity Zone Yes

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Air Conditioning
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Oven
  • Walk-In Closets
  • Instant Hot Water
  • Porch

SITE AMENITIES

  • Laundry Facilities
  • Individual Locking Bedrooms
  • Private Bathroom

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 46 - -

ZONING

Zoning Code Commercial (Commercial)
Commercial (Commercial)
  • Listing ID: 35059625

  • Date on Market: 2025-03-07

  • Last Updated:

  • Address: 4401 North St, Nacogdoches, TX 75965

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