For Sale
$475,000

180 Fm 1696 RdHuntsville, TX 77320

9-Unit Apartment Complex, Great ROI

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a 9-unit apartment complex ideally situated on a 1.32-acre lot in Huntsville, Texas, at 180 FM 1696, zip code 77320. The property consists of two buildings: a two-story structure housing seven units and a separate duplex. Seven units offer one bedroom and one bathroom, while one unit is a one-bedroom efficiency. The duplex features two two-bedroom, one-bathroom units. Each apartment includes a kitchen equipped with a stove/oven and refrigerator, and a living room. A shared laundry room with coin-operated washers and dryers is available for tenant use. A dedicated maintenance room provides convenient onsite storage. Individual electricity meters ensure efficient utility management, while water, sewer, and garbage services are included in the monthly rent. The property benefits from a public water supply and a regularly maintained aerobic sewer system. Both buildings boast a newly installed roof (Summer 2024). This property presents a strong cash flow potential with its well-maintained units and included utilities, making it an attractive investment in the thriving Huntsville market. The asking price is $475,000.

Highlights

  • 9-unit apartment complex on a 1.32-acre lot in Huntsville, TX (77320) at 180 FM 1696.
  • Two buildings: a 7-unit, two-story building and a duplex.
  • Unit mix: seven 1 bed/1 bath, one 1-bed efficiency, and two 2 bed/1 bath units.
  • All units include kitchen appliances (stove/oven, refrigerator) and living rooms.
  • Shared laundry facilities and dedicated maintenance room. Individual electric meters; water, sewer, and garbage included in rent.
  • New roof (Summer 2024).

Property Details for 180 Fm 1696 Rd

Property type
Apartment buildings
Year Built
1998
Stories
2
Lot Size (sq. ft)
57,499 SF
Units
9

Location Insight

City
Huntsville
County
Walker
State
Texas
Latitude
30.7466368
Longitude
-95.665917
180 Fm 1696 Rd, Huntsville, Texas

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180 Fm 1696 Rd
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