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.
MLS# | 20521480 |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1984 |
Days On Site | 452 |
Listing Provided By | Compass RE Texas, LLC | Michael Karol |
Bed(s) | 2 |
---|---|
Bath(s) | 1 Total |
SQ Feet | 15,250 |
Story(s) | 2 |
Units | 20 |
Building(s) | 5 |
Acreage | 0.65 |
State | TX |
---|---|
County | Hill |
City | Hillsboro |
Zip Code | 76645 |
Area | Hill |
Community Name | Harden |
School District | Hillsboro ISD |
Elementary School | Hillsboro |
Middle School | Hillsboro |
High School | Hillsboro |
Listing VS Median (In Harden) | |
Price: $1,395,000 low | high Med: $1,395,000 SqFt: 15,250 low | high Med: 15,250 $ / SqFt: $91 low | high Med: $91 On site: 452 low | high Med: 452.000000 |