85 Kalyn RdHuntsville, TX 77340

Property Details for 85 Kalyn Rd

Lot size

2.00 AC

Property size (Sq ft)

7,024 SF

Property type

Investment properties

Property subtype

Multifamily properties

Description

This exceptional 8-unit multifamily investment property in Huntsville, Texas, presents a unique opportunity for savvy investors. Situated on two acres with paved road frontage, this portfolio comprises five 2-bedroom, 1-bathroom mobile homes and three site-built homes offering a mix of 2-bedroom/2-bathroom and 2-bedroom/1-bathroom floor plans. Built between 1980 and 2017, the property boasts a total of 7,024 square feet. The newer units (2017 construction) feature two bedrooms and two full bathrooms. While all units currently utilize community water, a well is also available on the property. Septic systems are a mix of conventional and aerobic systems. The seller has diligently maintained the property, completing updates to many of the older units. High rental demand in this area ensures quick occupancy, making this a strong investment. The property's location offers easy access to Huntsville's amenities and benefits from the robust economic growth fueled by Sam Houston State University, a rapidly expanding institution with over 21,000 students. Additional major employers in the area include TDCJ, Region 6 Educational Service Center, Walmart, and Weatherford, further solidifying the investment potential. The property's APN numbers are 16625 and 62769. This established portfolio is priced at $450,000, representing a price per square foot of $64.07. The property is located at 85 Kalyn Rd, Huntsville, TX 77340. Within a five-mile radius, the total population exceeds 4,182, with an average household income exceeding $67,157.

Location Insight

City

Huntsville

County

Walker

State

Texas

Latitude

30.7022

Longitude

-95.4221

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