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$ 5,100,000
Est. payment | /mo
10 Beds
6 Baths
57,092 SqFt
$ 5,100,000
Est. payment | /mo
10 Beds
6 Baths
57,092 SqFt
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 57,092 sqft
Price per Sqft $89
Subdivision 146000
MLS Listing ID 24014727
Bedrooms 10
Year Built 1978
Tax Year 2024
Lot Size 4.370 Acres
Acres 4.37
Property Description
East Texas Apartment Complex Portfolio - "Little Creek Apartments” in Jacksonville (Cherokee County) — 41 Leasable Units. “Parkview Apartments” in Palestine (Anderson County) — 20 Leasable Units. “Green Oaks Apartments” in Palestine (Anderson County) — 22 Leasable Units. "Deaton Duplexes" in Jacksonville (Cherokee County) — 8 Leasable Units. Currently managed with in-house property managers (two units dedicated as offices: one at Little Creek and one at Green Oaks). All units equipped with dishwashers, refrigerators, and electric stoves/ovens. Average occupancy is 95% across all 91 units. Seller's note is assumable for the entire package (reach out to the sale's rep for more info). Contact agent for OM.
Location
State TX
County Cherokee
Zoning Multi Fam Dwelling 2 ½ St
Interior
Heating Central Electric
Cooling Central Electric
Fireplaces Type None
Exterior
Waterfront No
View Y/N No
Roof Type Composition
Building
Foundation Slab
Schools
Elementary Schools West Side
Middle Schools Jacksonville
High Schools Jacksonville
Listed by Matthew Marshall • Drake Real Estate & Investments
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "