707 Commerce Townhomes offers a rare adaptive-use investment opportunity in a rapidly evolving urban corridor. The property consists of a fully vacant 16 unit townhome community that can be strategically repositioned as a multifamily rental asset or sold individually as fee-simple townhome units. With complete vacancy, investors gain immediate operational control and the flexibility to execute lease-up strategies, phased unit sales, or a full redevelopment vision without tenant displacement or legacy management issues. The property is currently undergoing a comprehensive renovation program that will deliver best-in-class finishes, modernized systems, and upgraded amenities designed to meet the expectations of today’s urban renter or homeowner. Pictures do not represent current condition. The asset presents a compelling value-add opportunity with multiple exit strategies in a high-growth market supported by strong long-term demand drivers.
40 days
|
299
|
35
|
Zillow last checked:
Listing updated:
Listed by:
Richard Scheurer0620478214-874-0902,
CMS Strategic Partners, LLC214-874-0902
Source: NTREIS,MLS#: 21292265
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 18
Bathrooms: 32
Full bathrooms: 18
1/2 bathrooms: 14
Heating
Central
Cooling
Central Air
Appliances
Included: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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