Great investment opportunity !!! Income producing property in Prime Location. 16 rental apartment units and a commercial building with tenants in place. Also offers additional expansion area with underground infrastructure in place for easy addition of 16 more rental apartments. Business will continue to lease from new owner for minimum 5 years. Apartments are all occupied and will be due for price increase in Feb 2025. Situated on main access road Hwy 149 beside the new Tatum school for close access and opportunities for both the rentals and business. Perfect location with high traffic site view.
Multiple properties listed for sale! This listing also includes another 4-plex unit in Pine Tree ISD! Two separate properties, 8 doors total all in one sale! Units are currently 99% occupied! Investors Special! Call and make an appointment today! Don't miss out on this rent producing opportunity!
Tatum is located in Texas. Tatum, Texas has a population of 1,234. Tatum is more family-centric than the surrounding county with 31.46% of the households containing married families with children. The county average for households married with children is 30.31%.
The median household income in Tatum, Texas is $46,250. 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 Tatum is 32.1 years.
The average high temperature in July is 93.5 degrees, with an average low temperature in January of 35.8 degrees. The average rainfall is approximately 48.5 inches per year, with 0.8 inches of snow per year.
