About 2900 S Fm 225
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.
Features of 2900 S Fm 225
MLS® # | 20794964 |
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Price | $6,200,000 |
Bathrooms | 0.00 |
Acres | 12.00 |
Year Built | 1982 |
Type | Commercial Sale |
Sub-Type | Business |
Status | Active |
Community Information
Address | 2900 S Fm 225 |
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Subdivision | No |
City | Henderson |
County | Rusk |
State | TX |
Zip Code | 75654 |
Amenities
Utilities | Asphalt, Cable Available, City Sewer, City Water, Community Mailbox, Curbs, Electricity Connected, Phone Available, Sidewalk, Underground Utilities |
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Garages | Asphalt |
Is Waterfront | No |
Pool On Property | No |
Interior
Heating | Central, Electric |
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Fireplace | No |
# of Stories | 1 |
Stories | 1 |
Exterior
Roof | Composition |
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Construction | Brick |
Foundation | Slab |
Additional Information
Flooring | Laminate |
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Net Income | $99,363 |
Building Sqft | 68,920 |
# Units | 80 |
Building Use | Other |
Commercial Features | Other |
Zoning | Multifamily |
Listing Details
Agent | Kelly Hale |
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Office | Texas Real Estate Executives |
Contact Info | 903-680-4663 |