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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.
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.