Henderson, TX 75654 2900 S Fm 225
$6,200,000



5 more






Presented By: Kelly Hale with Texas Real Estate Executives; 903-680-4663
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
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.
Presented By: Kelly Hale with Texas Real Estate Executives; 903-680-4663
Interior Features for 2900 S Fm 225
Other Interior Features
FlooringLaminate
Lock Box TypeOther
Occupancy Rate96
SQFT Gross70948
Total Stories1
Total Units80
General for 2900 S Fm 225
Building UseOther
Business NameSouthern Hills Duplex
Business TypeCommercial, Real Estate, Rental
Ceiling Height8 to10 Feet
CityHenderson
Construction MaterialsBrick
CoolingCeiling Fan(s), Central Air, Electric
CountyRusk
DirectionsFrom 79 in Henderson, turn onto FM 225 S, also known as Laneville Hwy. Property will be half of mile down on the right.
Gross Annual Expenses634985.00
HeatingCentral, Electric
Listing TermsAssumable, Cash, Contact Agent, Conventional, Other
Number Of Leaseable Spaces80
Occupant TypeTenant
PossessionClosing/Funding
Property SubtypeBusiness
Property TypeCommercial Sale
RoofComposition
Standard StatusActive
StatusActive
Subdivision NameNo
Tenant PaysElectricity, Other
UtilitiesAsphalt, Cable Available, City Sewer, City Water, Community Mailbox, Curbs, Electricity Connected, Phone Available, Sidewalk, Underground Utilities
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1982
Year Built DetailsPreowned
Zoning DescriptionMultifamily
Exterior for 2900 S Fm 225
Building Area Total68920.00
Foundation Slab
Lot Size10 to < 50 Acres
Lot Size Acres12.0000
Lot Size Area12.0000
Lot Size SourceAssessor
Lot Size Square Feet522720.0000
Lot Size UnitsAcres
Parking FeaturesAsphalt
Road Frontage TypeFM Road
Additional Details
Price History

Suzanne Smith
Broker/Owner