DIAMOND REALTORS
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Frieda Schmiedel
DIAMOND REALTORS
phone: (972) 897-7659
office: (972) 897-7659
www.diamondreal­tors.info
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Your Message:
723 Marsnhall Street, Franklin, Texas 77856, USA
List Price: $3,449,000
Sale price per sqm: 0 $
Status: ACT
MLS#: 21243947
Property Type: Residential For Sale, Apartment
Land size: 1.4 sqft (0.13 m2)
Building Size: 20,080 sqft (1,865.4 m2)
Rooms
  • 48 bedrooms
  • 32 full baths
Property Details
2008 Year Built:
Building or Complex name: 722 N Sharp St Location:
Brick Construction:
Resale Condition:
Refrigerator, Dishwasher, Microwave, Disposal Appliances:
Laminate Floors:
Window Coverings Windows:
City Water, City sewer, Individual Water Meter Utilities:
Central, Electric Heating System:
Central, Electric Cooling System:
On Slab Basement and Foundation:
composition Roofing:
Wood Fencing:
Parking / Garage
32 Number of parking spaces:
School Information
417 School District:
Reynolds Elementary School:
Franklin High School:
Franklin Middle School:
Remarks
Attractive and well-maintained 16-unit multifamily investment in Franklin, TX consisting of 8 duplexes with a hard-to-find all 3-bedroom, 2-bath layout and limited competing inventory, supporting strong and consistent tenant demand. Located within 20 minutes of Bryan-College Station with access to nearby manufacturing and industrial employment. Fully leased and producing immediate cash flow. Tenants pay utilities, helping maintain efficient operating margins. Nearly $200K in capital improvements completed, including new roofs and gutters, HVAC upgrades, and interior renovations, reducing near-term capital needs. Current rents range from $1,300 to $1,400, generating approximately $190K–$200K NOI. Additional upside through continued rent growth, washer and dryer installation (connections in place), and further interior and site enhancements. On-site management and vendor relationships in place, providing for a smooth transition and ease of ownership.


Listing by: Texas Ally Real Estate Group

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