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$6,200,000

Est. payment - /mo

68,920 SqFt

Active

2900 S FM 225 Henderson, TX 75654

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Ryan Smith

HOMESTEAD AND RANCH REAL ESTATE

ryan@homesteadandranch.com +1(512) 466-1460

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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 68,920 sqft

Price per Sqft $89

Subdivision No

MLS Listing ID 20794964

HOA Y/N No

Year Built 1982

Lot Size 12.000 Acres

Acres 12.0

Property Sub-Type Business

Property Description

Outstanding Investment Potential! Welcome to Southern Hills Duplex Apartments, a lucrative investment opportunity where comfortable and convenient living come together. This multi-family apartment community offers an attractive living experience on the outskirts of Henderson TX. With a variety of floorplans, this duplex apartment community offers 1, 2, and 3 bedroom layouts; with the making up of 80 livable units, an onsite leasing office, laundry facility, maintenance shop and several storage areas throughout the community. This multi-family duplex community represents a fantastic investment opportunity with a history of strong financial performance and extended stay tenants. Whether you are an experienced investor or new to real estate, this property offers a secure and rewarding venture. Call today to schedule your private showing. Seller has a current survey on file for each address. 2902 FM 225 S, is the adjacent lot, offering an additional 1.5 acres, for a total of 12 acres for the new buyer. The vacant lot has utilities in place and room to build additional rentals or add amenities if desired. The lot is currently zoned multi-family. New roofs 2023.

Location

State TX

County Rusk

Community Community Mailbox, Curbs, Sidewalks

Zoning Multifamily

Direction From 79 in Henderson, turn onto FM 225 S, also known as Laneville Hwy. Property will be half of mile down on the right.

Interior

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Laminate

Inclusions Business, Furniture, Inventory, Land & Improvements

Fireplace No

Exterior

Parking Features Asphalt

Community Features Community Mailbox, Curbs, Sidewalks

Utilities Available Cable Available, Electricity Connected, Phone Available, Sewer Available, Underground Utilities, Water Available

Water Access Desc Public

Roof Type Composition

Street Surface Asphalt

Road Frontage Farm to Market Road

Building

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 4643

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20794964

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