1206 20th St - Apartments FOR SALE


Huntsville, TX 77340- Downtown Huntsville
$995,000 USD
936-581-4049
1206 20th St, Huntsville, TX for Sale
$995,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

1206 20th St
Huntsville, TX 77340
Downtown Huntsville


HIGHLIGHTS

  • One of the few remaining sites of this size available near SHSU.

OVERVIEW

Rare Investment Opportunity! Prime investment location only seconds from Sam Houston State University. This property currently has 15 multifamily units and approximately .6 acre of additional land making it an attractive investment or covered land play. The property currently has 12” & 8” sewer lines onsite with additional 6” sewer line along street frontage. 12” water line available on 20th St. One of the few remaining sites allowing for High-density Residential. Do not miss this opportunity. Contact us today! PROPERTY FEATURES Located only seconds from Sam Houston Ave & Sam Houston State University (one of the fastest growing colleges in Texas). Current Income from Multifamily Units. All Utilities Available One of the few remaining sites of this size available near SHSU (approximately 1.22 acres) Close to Retail, Restaurants, & Parks making it attractive to tenants/customers. MARKET HIGHLIGHTS Huntsville, Tx offers an excellent quality of life and is home to Sam Houston State University (one of the fastest-growing universities in the state). It also has other major employers such as TDCJ, Region 6 Educational Service Center, Walmart, Weatherford, and many others, making it an increasingly valuable investment market. Sam Houston State University has a growing population of 21,000+ students which continues to increase the demand and spending in this location. Demographics 1 Mile 3 Mile 5 Mile Total Population 2024 17,096 40,780 51,031 Total Daytime Population 18,797 40,079 48,521 Average HH Income $37,340 $53,105 $65,429 *Demographic data derived from 2024 STDB

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$90 USD /SF

# OF UNITS

15

PRICE/UNIT

$66,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.22 AC

LAND SF

53,143 SF

ZONING

-

APN/PARCEL ID

30290

ASK ABOUT THIS PROPERTY

JC HearnHomeland Properties, Inc.More Info
936-581-4049

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JC HearnHomeland Properties, Inc.More Info
936-581-4049

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.