Turnkey 4 Unit Investment Opportunity: This 2.128-acre property includes a tenant-occupied single-family home and three tenant-occupied mobile homes, providing immediate cash flow. Located off FM 782 with two access easements, the well-maintained property offers a private, serene setting. Investors can also explore the potential to add another home to maximize returns. Perfect for both seasoned and new investors. CHECK OUT THE VIRTUAL TOUR!
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. An excellent location, situated on 10-1/2 landscaped acres and a peaceful country setting, you are just minutes away from shopping and dining, making a daily commute a breeze. As an upside potential, there is room for rent increases and the possibilities of value-add opportunities, an investment with the likelihood for increased returns. For the duration of the past 10 years, the property has been professionally managed, ensuring tenantsâ?? satisfaction and property upkeep, with preventative maintenance performed as well as prompt attention to all work order repairs asked of the tenants; minimizing capital expenditures for the new owner. Each of the 42 buildings had new roofs replaced in June 2023, with a 20 year shingle and comes with a transferrable warranty to the new owner. 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.
Henderson is located in Texas. Henderson, Texas has a population of 13,498. Henderson is more family-centric than the surrounding county with 38.94% of the households containing married families with children. The county average for households married with children is 30.31%.
The median household income in Henderson, Texas is $58,277. The median household income for the surrounding county is $60,330 compared to the national median of $69,021. The median age of people living in Henderson is 36.8 years.
The average high temperature in July is 93.1 degrees, with an average low temperature in January of 35.9 degrees. The average rainfall is approximately 48.9 inches per year, with 0.7 inches of snow per year.
