2900 S Fm 225, Henderson, TX

$6,200,000

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12.00

Acres

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
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
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
Garages Asphalt
Is Waterfront No
Pool On Property No

Interior

Heating Central, Electric
Fireplace No
# of Stories 1
Stories 1

Exterior

Roof Composition
Construction Brick
Foundation Slab

Additional Information

Flooring Laminate
Net Income $99,363
Building Sqft 68,920
# Units 80
Building Use Other
Commercial Features Other
Zoning Multifamily

Listing Details

AgentKelly Hale
OfficeTexas Real Estate Executives
Contact Info903-680-4663

Listing Map

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