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31998835
31998847

1407 Nash Rd, Lufkin, TX 75901 For Sale

JR
TX 731185
Gann Medford Real Estate Inc
Listed by Gann Medford Real Estate Inc
$395,000
82 days on market
Updated 11 days ago

Nash Road Estates

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Units 5
Tenancy Multi
Rent Bumps No
Class A
Year Built 1960
Year Renovated 2023
Acreage 3.950
Zoning Not in the city limits
Sale Condition For sale by owner

Multi unit income producing property

Marketing description

Unique multi-unit investment opportunity on 3.952 acres located just outside the city limits on Nash Road. Property includes multiple residential units plus an RV rental, offering immediate income with future upside. Improvements include one 4-Bedroom / 2-Bath home, two 2-Bedroom / 1-Bath units, and one 1-Bedroom / 1-Bath unit, plus an RV currently used as a rental and a large storage area/building. Three units are currently rented, with two units vacant, providing value-add opportunity through lease-up or repositioning. Sellers have begun development toward an RV park concept and have a septic design in place for up to 10 RV sites. Located outside city limits, offering flexibility for continued residential rentals, mixed-use income, or future expansion. Rare opportunity with multiple income streams and development potential.

Agent/Private Remarks: Property includes multiple addresses: 1401, 1403, 1407, and 1417 Nash Rd. Unit mix, occupancy, and rental income to be verified by buyer. Three units currently occupied; two units vacant at time of listing. Septic design for up to 10 RV sites available. RV currently used as rental. Property located outside city limits. Showings by appointment only — do not disturb tenants. Buyer to verify zoning, permitted use, development potential, utilities, and septic capacity.

Listing Contacts

JR
TX 731185
Gann Medford Real Estate Inc
Listed by Gann Medford Real Estate Inc

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