For Sale
$2,075,000

1419 AvenueHuntsville, TX 77340

Six-unit, 24-bed student housing complex.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional six-unit student housing property, located at 1419 Avenue N in Huntsville, Texas, presents a compelling investment opportunity. Built in 2020, the Class B multifamily complex boasts a total of 10,559 square feet. Each of the six units offers four bedrooms and four and a half bathrooms, comfortably accommodating students. Currently, the property enjoys an 83% occupancy rate. High-quality finishes are standard throughout, including granite countertops and stainless steel appliances—a refrigerator, microwave, and electric stovetop/oven are included in each unit. Further enhancing the appeal to students, a washer and dryer is provided in every unit. The property's strategic location, just 0.3 miles from the Sam Houston State University campus, ensures strong rental demand and consistent occupancy. With its modern amenities, desirable location, and current occupancy rate, this property represents a solid investment in the thriving Huntsville student housing market. The asking price is $2,075,000. The property is situated in Walker County, Texas, with a zip code of 77340.

Highlights

  • $2,075,000 asking price for this 6-unit multifamily property.
  • Class B, 10,559 square foot building constructed in 2020.
  • Located at 1419 Avenue N, Huntsville, TX 77340, near Sam Houston State University.
  • 24 total beds in six units, each with 4 bedrooms and 4.5 baths.
  • Currently 83% leased, featuring granite countertops, stainless steel appliances, and in-unit washer/dryer.

Property Details for 1419 Avenue

Property type
Dormitories, Student housing
Square Feet
10,559 SF
Class
B
Year Built
2020
Units
6

Location Insight

City
Huntsville
County
Walker
State
Texas
Latitude
30.719071936187
Longitude
-95.554373983005
1419 Avenue, Huntsville, Texas

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1419 Avenue
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