$6,200,000
12± Acres
Active
Rusk County, TX

2900 Fm 225, Henderson, Texas

MLS ID: 20794964
Status: Active
Price: $6,200,000
Acres: 12±
Type: Business, Commercial
Address: 2900 Fm 225
City, State: Henderson, TX
County: Rusk County
ZIP Code: 75654
Parcel Number: 4643
Year Built: 1982

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.

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

Additional Information

Interior

Building Area Total: 68,920
Cooling (Yes/no): Yes
Cooling: Central Air, Ceiling Fans, Electric
Flooring: Laminate
Heating (Yes/no): Yes
Heating: Central, Electric

Exterior

Foundation Details: Slab
Inclusions: Business, Furniture, Inventory, Land & Improvements
Lot Size Area: 12
Lot Size Source: Assessor
Lot Size Square Feet: 522,720
Parking Features: Asphalt
Road Frontage Type: Farm To Market Road
Road Surface Type: Asphalt
Roof: Composition
Water Source: Public

Financial/HOA/Schools

Subdivision Name: No
Zoning Description: Multifamily
Everette Newland

Everette Newland

Denton, Texas

(940) 390-3410

Interested? Contact Us Today About This Listing

  • This field is for validation purposes and should be left unchanged.

All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of January 10, 2025 at 12:00:00 PM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: January 10, 2025 at 12:00:00 PM UTC

Listed By: Kelly Hale of Texas Real Estate Executives