Property
Beds
2
Full Baths
1
1/2 Baths
None
Year Built
1984
Sq.Footage
15,250
Compass Commercial is pleased to present exclusively for sale the Hillsboro Oaks Apartments. Located in downtown Hillsboro, TX just two city blocks from the Hill County courthouse with easy access to I-35, and less than a 1 hour drive from Fort Worth. Acquisition of this 20 unit apartment complex presents a value add opportunity for multi family investors. All 2 bed, 2 bath units range from approximately 750-1,000 SqFt and rent for an average of one dollar per SqFt plus utilities. Units were renovated in 2021 with new materials, systems and features including carpet, countertops, paint, LVP flooring, appliances, HVAC units, resurfaced parking lot and new metal roofing and siding. Please contact listing agent for non-disclosure agreement to view rent roll and expenses.
Features & Amenities
Interior
-
Other Interior Features
Open Floorplan
-
Total Bedrooms
2
-
Bathrooms
1
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air, Electric
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Wood Siding, Frame, Metal Siding
-
Parking
Asphalt, Common
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.653
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
Price
-
Sales Price
$1,395,000
-
Tax Amount
9891.0
-
Sq. Footage
15, 250
-
Price/SqFt
$91
HOA
-
Association
No
School District
-
Elementary School
Hillsboro
-
Middle School
Hillsboro
-
High School
Hillsboro
Property Features
-
Foundation Details
Pillar/Post/Pier
-
Sewer
Public Sewer
-
Tax Lot
4
-
Water Source
Public
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Location
County
Hill
Elementary School
Hillsboro
Middle School
Hillsboro
High School
Hillsboro
Listing Courtesy of Michael Karol , Compass RE Texas, LLC
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