For Sale
$435,000

1821 9Th St Wichita Falls, TX 76301

High-Yield, Fully Occupied Investment

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional investment opportunity presents a fully occupied, four-building portfolio in the heart of Wichita Falls, Texas. The property encompasses a diverse mix of commercial uses, including a well-established restaurant operating for decades, a local salon, and a reputable local catering business, all boasting 100% occupancy. In addition, a four-unit quadplex completes the portfolio, providing stable multifamily income. Each quadplex unit features central heating and cooling, included appliances, private covered parking, and separate gas and electric meters. The entire property sits on a 0.46-acre lot and offers ample parking with 18 spaces available. The combined square footage of the buildings falls within the 5,001 - 10,000 square foot range. The property is offered at $435,000 with a compelling 10% capitalization rate and a remaining lease term of 10 years under a net lease structure. This multi-tenant property provides a diversified income stream and significant potential for future appreciation. The property's central location in Wichita Falls, coupled with its strong tenant base and high occupancy rate, makes it an attractive investment for both seasoned and new investors seeking a stable, high-yield asset. This is a rare opportunity to acquire a turnkey commercial portfolio with proven performance and significant upside potential. The property is offered as a portfolio sale.

Property Details for 1821 9Th St

Property type
Retail properties, Restaurants
Square Feet
5,001 SF
Buildings
4
Lot Size (sq. ft)
20,038 SF
Units
4

Location Insight

City
Wichita Falls
County
Wichita
State
Texas
Latitude
33.903376
Longitude
-98.5077882

FAQs

What type of property is this?
Retail property - High-Yield, Fully Occupied Investment
Where is the retail property located?
The property is located at 1821 9Th St Wichita Falls, TX.
What is the asking price?
The asking price for this property is $435,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1821 9Th St
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