601 Menard Ave

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601 Menard Ave

Sonora, TX 76950
Asking Price
$125K
Asset Type
Commercial Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily asset located at 601 Menard Ave in Sonora
  • Priced at 125000 dollars for the total acquisition
  • Current valuation reflects approximately 50.30 dollars per square foot
  • Estimated monthly payment calculated at 604 dollars per month
  • Property situated near the critical Interstate 10 transit artery

What's Special

Sonora serves as a gateway to the West Texas region, positioned along the Interstate 10 corridor. This multifamily commercial property at 601 Menard Ave sits within this growing market, which benefits from its historical role as a hub for regional ranching and energy operations. The structure spans an area that equates to approximately 50.30 dollars per square foot, providing a functional footprint for residential rental operations. Investors may find utility in this asset as a potential addition to a local housing portfolio. Given the ongoing demand for rental housing in suburban Texas markets, this multifamily building offers a practical entry point for those seeking to capitalize on steady regional occupancy trends. Its location provides accessibility to major transit routes, supporting its viability for long-term hold strategies.

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NOI
$80,000
Cap Rate
64.00%
DSCR
10.78
Strong
Cash-on-Cash
193.54%
Monthly Payment
$618.432
Annual Cash Flow
$72,578.818

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