Views
Address
208 N Church Street, Hillsboro, TX
Price
$ 1,600,000
Property Attributes
- MLS#20521480
- TypeMulti-Family
- CountyHILL
- CityHillsboro
- NeighborhoodHarden
- Zip76645
- StyleMultiple Single Units
- Year Built1984
- Taxes$ 9891
- Price$ 1,600,000
- Bedrooms20
- Full Bathrooms20
- Half Bathrooms0
- Sqr Footage15250
- Lot Size0.653 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Compass Commercial is 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.
| Elementary School |
|---|
| Hillsboro Elementary School |
| Price History | |
|---|---|
| 1/27/2024 | Listed $1,600,000 |
General Features
| Heating | Electric |
|---|---|
| Complex Name | Hillsboro Oaks Apartments |
| Cooling | Ceiling Fan(s),Central Air,Electric |
| Utilities | Cable Available,City Sewer,City Water,Electricity Connected,Master Water Meter,Phone Available |
| Possession | Closing/Funding |
| Roof | Metal |
| Appliances | Dishwasher,Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater,Refrigerator |
| School District | Hillsboro ISD |
| Capitalization Rate | 7.05 |
| Year Built | 1984 |
| Levels | Two |
| Unexempt Taxes | 9891 |
| Will Subdivide | No |
| Gross Annual Expenses | 82023.00 |
| Property SubType | Multiple Single Units |
| Subdivision Name | Harden |
| Insurance Expense | 6000 |
| County | Hill |
| Property Type | Residential Income |
| Construction Materials | Frame,Metal Siding,Wood |
| Year Built Details | Preowned |
| HOA Type | None |
| # of Buildings | 5 |
| Status | Active |
| Directions | Please use GPS |
| City | Hillsboro |
| Buyer Agent Compensation | 3.00 |
| Elementary School Name | Hillsboro |
| High School | Hillsboro |
| Street Name | Church |
| Elementary School | Hillsboro |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20521480 |
| Standard Status | Active |
| Junior High School | Hillsboro |
| Buyer Agent Compensation Type | % |
Interior Features
| Interior Features | Cable TV Available,Open Floorplan |
|---|---|
| Flooring | Luxury Vinyl Plank |
| Occupancy Rate | 85 |
| Total Units | 20 |
| Unit Count | 1 |
| Full Baths | 1 |
| Lock Box Type | None |
| Street Suffix | Street |
| Total Bedrooms | 2 |
Exterior Features
| Parking Features | Asphalt,Common |
|---|---|
| Foundation | Pillar/Post/Pier |
| Lot Size Area | 0.6530 |
| Number Of Parking Spaces | 31 |
| Lot Size Units | Acres |
| Building Area Total | 15250.00 |
| Lot Size Square Feet | 28444.6800 |
| Lot Size Acres | 0.6530 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 76645
Price
Taxes
Visits
Year Built
© 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor NextHome Premier Choice shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
