Rare Investment Opportunity!
Prime development location only seconds from Sam Houston State University. This 2.19 acres currently has 16 multifamily units and 5 single family homes making it an attractive covered land play. Develop now or hold the property for income while it appreciates. The property currently has 12” & 8” sewer lines onsite with additional 6” sewer lines along both street frontages. 12” water line available on 20th St. as well as a 6” on Ave L ½. 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 5 Single Family Homes and 16 Multifamily Units.
· All Utilities Available
· One of the few remaining sites of this size available near SHSU (2.19 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 a number of 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.