Hillsboro, TX 76645 208 N Church Street
$1,395,000



5 more






Presented By: Michael Karol with Compass RE Texas, LLC; 817-714-7769
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
Compass Commercial is pleased to present exclusively for sale the Hillsboro Oaks Apartments. Located in downtown Hillsboro, TX just two city blocks from the Hill County courthouse with easy access to I-35, and less than a 1 hour drive from Fort Worth. Acquisition of this 20 unit apartment complex presents a value add opportunity for multi family investors. All 2 bed, 2 bath units range from approximately 750-1,000 SqFt and rent for an average of one dollar per SqFt plus utilities. Units were renovated in 2021 with new materials, systems and features including carpet, countertops, paint, LVP flooring, appliances, HVAC units, resurfaced parking lot and new metal roofing and siding. Please contact listing agent for non-disclosure agreement to view rent roll and expenses.
Presented By: Michael Karol with Compass RE Texas, LLC; 817-714-7769
Interior Features for 208 N Church Street
Bedrooms
Total Bedrooms2
Bathrooms
Total Baths1
Other Interior Features
FlooringLuxury Vinyl Plank
Interior FeaturesCable TV Available, Open Floorplan
Lock Box TypeNone
Occupancy Rate85
Total Units20
Unit Count1
General for 208 N Church Street
# of Buildings5
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
Capitalization Rate8.09
CityHillsboro
Complex NameHillsboro Oaks Apartments
Construction MaterialsFrame, Metal Siding, Wood
CoolingCeiling Fan(s), Central Air, Electric
CountyHill
DirectionsPlease use GPS
Elementary SchoolHillsboro
Elementary School NameHillsboro
Full Baths1
Gross Annual Expenses82023.00
HOA TypeNone
HeatingElectric
High SchoolHillsboro
Insurance Expense6000
Junior High SchoolHillsboro
LevelsTwo
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeMultiple Single Units
Property TypeResidential Income
RoofMetal
School DistrictHillsboro ISD
Standard StatusActive
StatusActive
Subdivision NameHarden
Unexempt Taxes9891
UtilitiesCable Available, City Sewer, City Water, Electricity Connected, Master Water Meter, Phone Available
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1984
Year Built DetailsPreowned
Exterior for 208 N Church Street
Building Area Total15250.00
Foundation Pillar/Post/Pier
Lot Size Acres0.6530
Lot Size Area0.6530
Lot Size Square Feet28444.6800
Lot Size UnitsAcres
Number Of Parking Spaces31
Parking FeaturesAsphalt, Common
Additional Details
Price History
Schools
Elementary School
Hillsboro Elementary School
Middle School
N/A
High School
N/A

Suzanne Smith
Broker/Owner