Hillsboro Oaks Apartments
Multifamily | 20 units
Marketing description
Compass Commercial and NRES are 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 $1 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.
Contact listing broker for all due diligence at 817.714.7769 or [email protected]
Investment highlights
- Ample parking
- Low competition in submarket
- High occupancy
- Appreciation & Rent Growth
- Walking distance to town square
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