- For Sale $300,000
- Property Type Multi-Family
- Property Size 4,200 SF
- Date Updated Jun 30, 2025
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.
Reach out to the broker for more info on lease terms and amenities
Attachments
False
Contacts
Location
Getting Around
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Walk Score ®
22/100
Car-Dependent
-
Bike Score ®
32/100
Somewhat Bikeable
- City Brady, TX
- Zip Code 76825
Points of Interest
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Alon
0.62 miles
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Valero
1.11 miles
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Holiday Inn Express and Suites
0.91 miles
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McDonald's
0.64 miles
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Mac's Bar-B-Q
0.64 miles
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Brady Elementary School
0.53 miles
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Brady High School
0.70 miles
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Brady Middle School
0.83 miles
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North Ward Primary School
2.02 miles
Frequently Asked Questions
The space currently listed for sale at 1005 Southgate Dr asks for $300,000.
1005 Southgate Dr totals 4,200 square feet.
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