2900 S FM 225, HENDERSON, TX 75654
Homes for sale in Henderson.
Homes for sale in 75654.
List Price$5,350,000
2900 S FM 225
Henderson, TX 75654
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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