This 28-unit apartment complex at 404 W L Doc Dodson in Naples, TX presents a compelling value-add opportunity priced at $750,000. With 19 units currently rented, 2 used by management, and 7 vacant, the property offers immediate cash flow with significant upside through lease-up and operational improvements. Situated on a solid footprint with strong local demand for affordable housing, this asset is ideal for investors looking to increase occupancy, raise rents, and force appreciation. A rare chance to acquire a stabilized asset with built-in growth potential at an attractive basis.
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