- For Sale $300,000
- Property Type Multi-Family
- Property Size 4,200 SF
- Units 8
- Lot Size 0.43 Acre
- Year Built 1976
- Date Updated May 7, 2025
Brady, TX is centrally located along U.S. Highways 87, 190, and 377, making it a key connection point between Central and West Texas. The Southgate Apartments are just minutes from major local employers like the Heart of Texas Healthcare System, the City of Brady, and the West Texas Rehabilitation Center. The property is also within 0.5 miles of Brady Elementary, Middle, and High School, making it ideal for families and local workers."The Go-Getters Multifamily Team is proud to present the exclusive listing of The Southgate Apartments.
This 8-unit property was originally built in 1976 and offers a strong value-add investment opportunity. Currently 100% occupied, the property provides day 1 cash flow with a 9.5% cap rate on actuals, making it an attractive option for investors seeking immediate returns. In addition to the strong in-place performance, below-market rents offer clear upside potential through strategic rent increases and operational improvements.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Highlights
- 100% Occupancy
- 9.5% Cap Rate on Actuals
- Large Rental Upside
False
Contacts
Location
Getting Around
-
Walk Score ®
22/100 Car-Dependent
-
Bike Score ®
32/100 Somewhat Bikeable
Powered by Walk Score ®
- City Brady, TX
- Zip Code 76825
Points of Interest
-
Alon
0.62 miles
-
Valero
1.11 miles
-
Holiday Inn Express and Suites
0.91 miles
-
McDonald's
0.64 miles
-
Mac's Bar-B-Q
0.64 miles
-
Brady Elementary School
0.53 miles
-
Brady High School
0.70 miles
-
Brady Middle School
0.83 miles
-
North Ward Primary School
2.02 miles
Frequently Asked Questions
How much does 1005 Southgate Dr cost?
The space currently listed for sale at 1005 Southgate Dr asks for $300,000.
What is the total square footage of 1005 Southgate Dr?
1005 Southgate Dr totals 4,200 square feet.
When was this property built?
1005 Southgate Dr was built in 1976.
Looking for more in-depth information on this property?
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.
Contact Listing Broker

The Go-Getters Multifamily with KW Commercial