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1013 Douglass Rd
Nacogdoches, TX 75964

Casita Park · Residential Property For Sale · 53 Units

Investment Highlights

  • Casita Park sits just outside of Nacogdoches in an Opportunity Zone and has quick access to US-59 and Hwy 21.
  • 1013 Douglass Road is a value-add opportunity through capital improvements and reconfiguring rents.
  • Several retailers and restaurants are within a quick drive including Family Dollar, Starbucks, Planet Fitness, Whataburger, Kroger, and dozens more.
  • The multi-family property has a broad unit mix of 53 apartments with 14 studios, 27 one-bedrooms, and 12-two bedrooms.
  • The opportunity is offered free and clear of existing debt, allowing new ownership to maximize returns with new financing.
  • Perfectly placed in the medical district with several hospitals within a quick drive and Stephen F. Austin University within a five-minute drive.

PROPERTY FACTS

No. Units 53
Property Type Residential
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 1.53 AC
Building Size 40,062 SF
Number of Floors 2
Year Built 1972
Parking Ratio 1.42/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony
  • Washer/Dryer
  • Kitchen

Site Amenities

  • Playground

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23558
Land Assessment
£78,245
Improvements Assessment
£1,561,770
Total Assessment
£1,640,015

zoning

Zoning Code B1
B1
  • Listing ID: 25352740

  • Date on Market: 29/03/2022

  • Last Updated:

  • Address: 1013 Douglass Rd, Nacogdoches, TX 75964

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