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Well-maintained 16-unit multifamily property (8 duplexes) in Franklin, TX featuring rare all 3-bedroom, 2-bath units with limited competing inventory. Conveniently located within 20 minutes of Bryan/College Station and supported by nearby manufacturing and industrial employment. Tenants pay utilities. Ownership handles common area landscaping and general maintenance. Close to $200K in capital improvements completed, including new roofs and gutters, HVAC updates, and ongoing interior renovations, reducing near-term capital needs. Fully leased. Current rents in the $1,300–$1,400 range. Property generates approximately $190K–$200K NOI. Additional upside through continued rent growth, washer/dryer installation (connections in place), and further interior and site enhancements. On-site management and established local vendor relationships in place.
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