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

Henderson, TX, 75654
$ 6,200,000
Bedrooms-- Baths--

Monthly Estimate*

$ 38,680

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Commercial Property for sale in Henderson, TX

for $6,200,000. This building was built in 1982 on a lot size of 12.

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.

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Commercial Pending

Price

$ 6,200,000

Property Type

Commercial

Taxes

$ 0

Style

Business

Lot Size

12

Year Built

1982

Town/City

Henderson

County/Region

Rusk

MLS | Web ID

20794964

Features
General
Heating Central Electric
Cooling Ceiling Fan(s) Central Air Electric
Utilities Asphalt Cable Available City Sewer City Water Community Mailbox Curbs Electricity Connected Phone Available Sidewalk Underground Utilities
Ceiling Height 8 to10 Feet
Possession Closing/Funding
Roof Composition
Year Built 1982
Business Type Commercial Real Estate Rental
Business Name Southern Hills Duplex
Property Subtype Business
Subdivision Name No
Occupant Type Tenant
County Rusk
Property Type Commercial Sale
Construction Materials Brick
Year Built Details Preowned
Status Pending
Directions From 79 in Henderson turn onto FM 225 S also known as Laneville Hwy. Property will be half of mile down on the right.
City Henderson
Standard Status Pending
Listing Terms Assumable Cash Contact Agent Conventional Other
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Interior
Flooring Laminate
Occupancy Rate 96
Total Stories 1
Total Units 80
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Exterior
Lot Size Source Assessor
Parking Features Asphalt
Lot Size 10 to < 50 Acres
Foundation Slab
Building Area Total 68920.00
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Internal Only
Street Number 1 2900
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* Excluded Features
List By
Kelly Hale

Listing Agent

Texas Real Estate Executives,

Broker

Affordability Calculator

$38,680
Per Month
100%
0%
0%
Monthly Principal & Interest
$38,680
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
12/11/2024 $6,200,000 Listed Price

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2900 S Fm 225, Henderson, TX, 75654 is a Commercial Property for sale at $6,200,000 with a lot size of 12. 2900 S Fm 225 was built in 1982. The property's zip code is 75654 which is in Henderson, TX