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Equine & Apartment Facility — Stephenville, Texas
Ten-unit apartment and equine facility offered as a mixed-use investment.
Stephenville, Texas· Multifamily and special-purpose· Editorial score 75
Opportunity teaser
Asking $2.2M; 10 units, 6,098 SF, 6.11 acres, and stated 7.5% pro-forma cap rate.
Why it may be interesting
Multiple income-use angles, published cap rate, and recent listing activity.
Risks and open questions
Pro-forma assumptions, zoning, tenant economics, and equine operations need detailed diligence.
Key figures
- Price
- $2.2M
- NOI
- —
- Cap rate
- 0.07%
- Occupancy
- —
- Units
- 10
- Square feet
- 6,098
- Asset class
- Multifamily
- Geography
- Stephenville, Texas
Disclosure
Public Crexi listing; no seller authorization or financial verification.