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32212433
32212457

307 North Henry Street, Lindale, TX 75771 For Sale

Keller Williams Realty Tyler.
Listed by Keller Williams Realty Tyler.
$2,750,000
79 days on market
Updated 33 days ago

Apartments | 307 N Henry St, Lindale

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 16,890
Units 2
NOI $139,158
Occupancy 100%
Tenancy Single
Year Built 2020
Buildings 2
Acreage 0.540
Zoning Multi Family Dwelling
Sale Condition N/A

100% leased | downtown Lindale

Marketing description

This recently built apartment complex in Lindale offers a rare opportunity to own a fully occupied, income-producing property in a highly desirable and growing area. Consisting of two buildings with a total of 15 units, this well-maintained complex is 100% occupied and designed with both investor return and tenant comfort in mind. The unit mix includes eleven 2 bed, 2.5 bath units at 1,160 sq ft, along with four 1 bed, 1.5 bath units at 900 sq ft. Each unit features a fresh, modern design with spacious layouts and access to a private fenced backyard area - an added feature that sets this property apart and enhances tenant appeal. Tenants pay all utilities, helping maximize efficiency and simplify management. Ideally located in Lindale school district, the property is just minutes from local shopping, dining, and amenities, with convenient access to Tyler and I-20 for easy commuting to surrounding cities. With strong occupancy, desirable unit features, and a prime location, this is an exceptional investment opportunity in the heart of East Texas!

Listing Contacts

Keller Williams Realty Tyler.
Listed by Keller Williams Realty Tyler.

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$139,158.22
$11,596.52/mo

Valuation Metrics

0
DSCR
5.06%
Cap Rate
5.06%
ROI

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