1005 Southgate Dr

For Sale

1005 Southgate Drive, Brady, TX 76825

This Brady property for sale is located at 1005 Southgate Drive. The current listed sale price for 1005 Southgate Dr is $259,000.

Contacts

broker
Jaxton Hoelting

KW Commercial | Lubbock, TX

broker
Greg Brownd

KW Commercial | Lubbock, TX

Property Details

  • Property Type Multi-Family
  • Date Updated Aug 26, 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.

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Attachments

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Location

  • 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

  • Walmart Supercenter

    1.01 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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