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509 N Avenue S
Post, TX 79356

Mesquite Village Apartments · Multifamily Property For Sale · 24 Units

PROPERTY FACTS

No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 2.84 AC
Building Size 20,086 SF
Average Occupancy 96%
No. Stories 1
Year Built 1976
Parking Ratio 10/1,000 SF

Unit Amenities

  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Range
  • Vinyl Flooring

About 509 N Avenue S , Post, TX 79356

Mesquite Village Apartments is a 24 unit complex made up of 12 brick, one-story duplexes. The property currently has high occupancy and there are no concessions now so that indicates that there is room to increase the rents. Electricity and water are separately metered and tenants pay all of their utilities. There is a limited supply of market-rate multifamily units in the area. Most of the interior units have been updated and have had new flooring installed. New owner could continue to improve the property on the exterior by adding landscaping, and playground equipment. The roofs were replaced in 2016.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 - 600
2+1 18 - 800

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
055-0333-1231-035-00-00
Land Assessment
$13,570
Improvements Assessment
$463,330
Total Assessment
$476,900

zoning

Zoning Code -
-
  • Listing ID: 16431364

  • Date on Market: 2019-06-24

  • Last Updated:

  • Address: 509 N Avenue S, Post, TX 79356

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