Welcome to 216 S. Devine in Stephenville, home to Tarleton State University and Division 1 Sports. The property started as a single family residence in the 1920's and was converted to a 10 unit apartment complex in the 1980's. The property is a couple blocks from downtown and with a mile of campus. Each unit has its own electric and AC unit with centralized hot water heating. The rents are below market rates and the Seller projects a 7.3% cap rate for this cash flow positive property.
Off market
Price Unknown
216 S Devine St, Stephenville, TX 76401
12beds
--sqft
MUL-Apartment/5Plex+
Built in 1920
-- sqft lot
$-- Zestimate®
$--/sqft
$2,839 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
- Full bathrooms: 12
Appliances
- Included: Dishwasher, Garbage disposal
Features
- High Speed Internet Available
Interior area
- Structure area source: Tax
Property
Lot
- Size: 10,802 sqft
- Features: Corner
Details
- Other equipment: Refrigerator, Cooktop - Electric, Dishwasher, Disposal, Oven-Electric
Construction
Type & style
- Home type: Apartment
- Property subtype: MUL-Apartment/5Plex+
Materials
- Roof: Composition
Condition
- Year built: 1920
Utilities & green energy
- Utilities for property: City Sewer, City Water, Asphalt
Community & neighborhood
Location
- Region: Stephenville
Other
Other facts
- Financing Proposed: Cash, Conventional
- Lot Size Units: Acres
- Building Area Source: Tax
- Utilities: City Sewer, City Water, Asphalt
- Other Equipment: Refrigerator, Cooktop - Electric, Dishwasher, Disposal, Oven-Electric
- Interior Features: High Speed Internet Available
- Construction Materials: Wood
- Lot Features: Corner
- Heating: Window Unit, Panel/Floor/Wall
- Possession: Closing/Funding
- Roof: Composition
- Parking Features: Common Lot
- Foundation Details: Pier & Beam
- County Or Parish: Erath
- Property Sub Type: MUL-Apartment/5Plex+
- Multi Parcel IDYN: 0
- Country: United States