2900 S Fm 225

Henderson, TX 75654
  • $6,200,000

    Price
  • 80

    Bed
  • 3

    Bath
  • 68,920

    SqFt

About the Listing 1261 - 6227

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 tenants’ 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.

Listing Highlights for 2900 S Fm 225

Status Pending
Days on Site 304
Property Type Multi-Family
MLS ® 24016598
Year Built 1982
Total Square Footage 68,920
Lot/Acreage 12
County Rusk
Neighborhood None
Elementary School West Rusk
Middle School West Rusk
High School West Rusk

Interior Details

  • Bedrooms: 80
  • Bathrooms: 3 Full
  • Appliances: Range/Oven-Electric, Free Standing Range, Pantry, Refrigerator
  • Air Cond: Central Electric
  • Heating: Central Electric
  • Fireplaces:
  • Floor: Vinyl Plank
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Ceiling Fan,Cable TV,Blinds,Smoke Alarm,Pets Allowed
  • Water: City

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: Unknown
  • Zoning: Multi Fam Dwelling 2 ½ St
  • Roof: Composition
  • Others: Patio Covered,Porch
  • Sewer: Public Sewer
  • Parking Features: 1 Or More Per Unit

Financial Details

  • Tax Amount: $109,207
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2023

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2900 S Fm 225 Henderson, TX 75654

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