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Unique Investment Opportunity! This established 8-unit multifamily property is located only minutes from Huntsville. It includes 5 mobile homes (2/1) and 3 site-built homes (2-2/2 & 1-2/1) on 2 acres of property with paved road frontage. Both the 2 bedroom/2 full bath homes were built in 2017 with the remaining units from the 1980s. All units are currently on community water, but there is also an existing well onsite. Three units utilize aerobic septic with the remaining 5 on conventional. The seller has been actively involved in maintaining the property, and there have been updates to many of the older units. There is strong rental demand in this area at this price point; units rent quickly. Do not miss this opportunity. Contact us today! MARKET HIGHLIGHTS: Huntsville, Texas offers an excellent quality of life and is home to Sam Houston State University (one of the fastest-growing universities in the state).
Last updated as of: 05/02/2024 |
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