204 S Hart Street

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204 S Hart Street

Quitman, TX 75783
Asking Price
$150K
Asset Type
Traditional Office Office
Class
Class B

What's Special

Downtown Quitman | Two-Unit Mixed-Use Property with Value-Add Potential <p><span style="color: rgba(0, 0, 0, 1)">Downtown Quitman location</span></p><p><span style="color: rgba(0, 0, 0, 1)">Approximately 1,600 SF</span></p><p><span style="color: rgba(0, 0, 0, 1)">Two separate units under one roof</span></p><p><span style="color: rgba(0, 0, 0, 1)">Updated unit ready for immediate occupancy</span></p><p><span style="color: rgba(0, 0, 0, 1)">Value-add unit with plumbing already installed</span></p><p><span style="color: rgba(0, 0, 0, 1)">Garage access for both units</s

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NOI
$80,000
Cap Rate
53.37%
DSCR
8.99
Strong
Cash-on-Cash
158.11%
Monthly Payment
$741.623
Annual Cash Flow
$71,100.519

Location & Travel Times