OPPORTUNITY ZONE. Immediately enjoy over $8000 per month income with potential for $2000 more asap. This 8 unit apartment building is positioned on 5 acres with easy access to FM road. The apartments are not in the 100 year flood plain per maps. The 5 acres has plenty of room for further development. Property INCLUDES - A newly updated 8-unit apartment complex, One unit is currently vacant to accommodate showings. Newer septic system.
- A charming, newer tiny home, perfect for an additional rental or on-site manager’s residence.
- A 5000 sf retail space, formerly a prominent family owned hardware store, offering endless retail, storage, or conversion possibilities to suit your business needs.
- 7500 sf warehouse with additional 750 sf mezzanine/loft, industrial roll up doors.
Located just minutes from the shores of Lake Livingston, ideally suited for mini-storage, boat/RV dry storage, RV or tiny home development, with room to expand and capitalize on the high-demand location
lease term
12 months5,200 Sq Ft
Investment
$2,995 Annual Tax
Built in 1982
MLS/Listing ID 58010469
2 Stories
Window Coverings
Composition
Parking - Paved
Laminate
Construction - Brick
Refrigerator
Dishwasher
Lot - Cleared
Heating - Electric
Balcony
Cooling - Electric
Microwave
Range
Listing Courtesy of COMPASS RE TEXAS, LLC - THE HEIGHTS, KAREN DERR - 171-387-57050
Source of Data: HOUSTON ASSOCIATION OF REALTORS