2900 S FM 225, HENDERSON, TX 75654

Homes for sale in Henderson.

Homes for sale in 75654.


Status of the property has changed, please contact for details

List Price$5,350,000

2900 S FM 225

Henderson, TX 75654

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Listing #20794964

68,920

Square Feet

80

Number of Units

Commercial

Type

About This Property

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.

Property Features

Location Information

County

Rusk

Subdivision

No

Interior Features

Has Fireplace

No

Floors

Laminate

Heating

Central, Electric

Tenant Pays

Electricity, Other

Cooling

Central Air, Ceiling Fan(s), Electric

Total Number of Units

80

Exterior Features

Construction

Brick

Lot Size in Sq. Ft.

522,720

Foundation

Slab

Possible Best Use

Other

Roof

Composition

Zoning

Multifamily

Utilities

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

Building Total Area (Sq. Ft.)

68,920

Parking Description

Asphalt

Road Description

Farm to Market Road, Asphalt

Lot Size in Acres

12

Is One Story

No

Additional Information

Year Built Details

Preowned

Status

Pending

Property Type

COM

Community Features

Community Mailbox, Curbs, Sidewalks

Property SubType

Business

Lot Acres Source

Assessor

Year Built

1982

Similar Listings

Mortgage Calculator

$24,984

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$19,278

Monthly Tax

$4,458

Monthly Insurance

$1,248

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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