Sandeep D Balse
License number: 0599503
Mobile: (682) 651-5335
 www.kanamrealty.­com/
 100 N Central Expy
 Suite 913
 Richardson, TX 75080
$3,449,000
723 Marsnhall Street, Franklin, Texas 77856, USA
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)
Status
Bedrooms
48
Baths
32
Sale price per sqm
0 $
Virtual Tour
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.
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:

Listing by: Texas Ally Real Estate Group
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