Henderson, TX 75654

Property Details

Lot size

12.00 AC

Property type

Other apartment buildings

Property subtype

Residential income properties

Description

This exceptional 80-unit multifamily investment opportunity in Henderson, TX, presents a compelling case for strong returns. Situated on 12 acres (including a 1.5-acre adjacent vacant lot with utilities), this well-maintained community offers a mix of 1, 2, and 3-bedroom apartments across 42 buildings. The property boasts an on-site leasing office, laundry facilities, and a maintenance shop, ensuring efficient operations. All 42 buildings received new roofs in June 2023, featuring 20-year shingles with a transferable warranty. The property benefits from a peaceful country setting while remaining conveniently close to shopping and dining. Tenants enjoy comfortable living, supported by professional management for the past 10 years, resulting in high tenant retention and minimal capital expenditures. Preventative maintenance and prompt repairs have been consistently implemented. The vacant 1.5-acre lot offers significant upside potential for expansion, adding units or amenities to further enhance value and rental income. The property's strong financial history, coupled with the potential for rent increases and value-add opportunities, makes this a secure and rewarding investment for both seasoned and new real estate investors. The seller has a current survey on file for each address. This multifamily complex is currently zoned multi-family.

Location Insight

City

Henderson

County

Rusk

State

Texas

Latitude

32.1284

Longitude

-94.8095

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].