800 Pine Street

800 Pine Street, Hearne, TX 77859

  • For Sale $760,000
  • Property Type Multi-Family
  • Property Size 6,952 SF
  • Units 8
  • Lot Size 0.41 Acre
  • Date Updated Apr 24, 2024
From Hearne take HWY 79 west at the Chevron and Pine St take right, property is immediately on your left behind the gas station.Introducing a highly desirable 8-unit multi-family property offered at 7.5 CAP. The property consists of two updated quadplexes centrally located in Hearne, Texas with easy access to everything in town and only 20 minutes from Bryan-College Station. A great value-add property with units currently averaging $800 per month, with a 5-10% increase opportunity at renewal. Low vacancy rates and expense ratios drive more dollars to the bottom line providing stable cash flow for the investor. The property boasts new roofs, and covered parking for all tenants, lawn care and outdoor lighting included.

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Attachments

Contacts

broker

Landon Allen

Riverstone Companies

(979) 431-4400

Location

Getting Around

  • Walk Score ®

    55/100 Somewhat Walkable

  • Bike Score ®

    41/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Hearne, TX
  • Neighborhood Hearne
  • Zip Code 77859

Points of Interest

  • Shell

    0.49 miles

  • Chevron

    0.62 miles

  • Exxon

    0.64 miles

  • Valero

    1.40 miles

  • Shell

    8.41 miles

  • Exxon

    8.77 miles

  • Valero

    9.27 miles

  • Hearne Depot

    0.76 miles

  • Holiday Inn Express

    1.82 miles

  • McDonald's

    0.45 miles

  • Pizza Hut

    0.46 miles

  • Top Donut

    0.51 miles

  • Sonic

    0.69 miles

  • Ama's Mexican Restaurant

    1.87 miles

  • Dairy Queen

    8.83 miles

  • Hearne High School

    0.28 miles

  • Hearne Elementary School

    0.28 miles

  • Hearne Junior High School

    0.35 miles

  • Blackshear School (CLOSED)

    0.50 miles

  • Blackshear High School

    0.51 miles

  • Spikner High School

    8.37 miles

  • Calvert High School

    8.68 miles

  • Tidwell School (historic)

    9.10 miles

  • Gause Independent School District

    9.69 miles

Frequently Asked Questions

What is the lease rate for 800 Pine Street?

Rental asking rate at 800 Pine Street is $380,000.00/YR.

What is the total square footage of 800 Pine Street?

800 Pine Street totals 6,952 square feet.

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Contact Listing Broker

broker

Landon Allen

Riverstone Companies

(979) 431-4400