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Courtesy: Texas Farms & Ranches | Mark Coleman
  • Price:

    • $3,250,000

  • Listing #:
    • 10085728
  • Class:
    • Multi-Family
  • Status:
    • Option Pending
  • Type:
    • Fourplex
  • Apx. Sqft.:
    • 49,276
  • # of Acres:
    • 4.80
  • Sale/Rent:
    • For Sale
  • Year Built:
    • 1983
  • Elementary:
    • Henderson
  • Middle School:
    • Henderson
  • High School:
    • Henderson
  • Subdivision:
    • Spring Creek
  • Address:
    • 1802 ELM STREET
  • City:
  • County:
    • Rusk
  • State:
    • TX
  • Zip:
    • 75654

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Description

56 UNIT APARTMENT COMPLEX IN GREAT AREA, VERY WELL KEPT AND MAINTAINED. TOTAL OF 49,276 SQ FT WITH 1, 2 AND 3 BEDROOM UNITS. TENANTS PAY ELECTRIC AND OWNER PAYS WATER. EACH UNIT HAS WASHER DRYER CONNECTIONS, THERE IS AN INGROUND POOL, BBQ PAVILION AND SMALL OPEN PATIOS FOR EACH BUILDING. ONSITE MANAGER WITH OFFICE. 2016 APPRAISAL $50,000 BELOW ASKING PRICE AT $3,300,000.00. OVER $400,000 PER YEAR INCOME AND POTENTIAL FOR MORE.
  • Building Details
    • Exterior:
      • - Outside Bbq Grill
      • - Patio Open
      • - Other / See Remarks
    • Roof:
      • - Composition
    • Foundation:
      • - Slab
    • Under Construction:
      • - No
    • Description:
      • - Brick Veneer
  • Interior Details
    • Interiorfeatures:
      • - Ceiling Fan
      • - Blinds
    • Flooring:
      • - Carpet
      • - Vinyl
    • Kitchen Equipment:
      • - Range / Oven-electric
      • - Dishwasher
      • - Refrigerator
    • Fireplace:
      • - None
  • Unit 1 Details
    • Unit 1 # Bedrooms:
      • - 1
    • Unit 1 # Baths:
      • - 1
  • Unit 2 Details
    • Unit 2 # Bedrooms:
      • - 2
    • Unit 2 # Baths:
      • - 2
  • Unit 3 Details
    • Unit 3 # Bedrooms:
      • - 3
    • Unit 3 # Baths:
      • - 2
  • Property Details
    • Zoning:
      • - Multi Fam Dwelling 1 St
    • Neighborhood Amenities:
      • - Common Areas
      • - Pool
      • - Other / See Remarks
    • Fencing:
      • - Metal Fence
      • - Wood Fence
    • Driveway:
      • - Concrete
    • Parking 2-4 Family:
      • - 1 Or More Per Unit
  • Utilities
    • Individually Metered Util:
      • - Individual Electric Meter
    • Water:
      • - Public
    • Sewer:
      • - Public Sewer
    • Heating:
      • - Central Electric
    • Cooling:
      • - Central Electric
    • Water Co:
      • - City Of Henderson
  • Lease Details
    • Tenantpays:
      • - Electric
    • Owners Expenses:
      • - Taxes
      • - Water / Sewer / Trash
  • Expenses
    • Taxes:
      • - 40392
    • Tax Year:
      • - 2016
  • Misc. Details
    • Documents On File:
      • - Aerial Photo
    • Available Financing:
      • - Assumption
      • - Conventional
      • - Must Qualify
      • - Cash
      • - Usda
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  • 0 Bedrooms
  • 0.00 Bathrooms
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For more information on this listing, please contact...