570 Sterling Price StTatum, TX 75691

For Sale
$1,100,000

12-Unit Rental Complex, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional multifamily investment opportunity in Tatum, Texas, presents twelve units across six buildings situated on a spacious 4.604-acre lot. The property boasts a total of 12,314 square feet of living space, offering a diverse range of floor plans to cater to various renter needs. Unit configurations include two-bedroom, one-bathroom; two-bedroom, two-bathroom; and three-bedroom, two-bathroom layouts, ensuring a variety of options for potential tenants. Each unit is meticulously designed with modern elegance in mind, featuring stylish hardwood flooring, gourmet kitchens equipped with stainless steel appliances and granite countertops. Residents enjoy the convenience of two designated parking spaces per unit. The expansive grounds provide ample space for outdoor enjoyment, complemented by manicured lawns and scenic views. This turnkey investment is priced at $1,100,000 and presents a compelling opportunity for significant return on investment in the thriving Tatum, Texas market. The property is located at 570 Sterling Price St, Tatum, TX 75691, in Rusk County. This well-maintained complex offers a blend of comfort, convenience, and contemporary living, making it an attractive option for a wide range of renters. The property's size and layout provide excellent potential for long-term growth and profitability.

Highlights

  • $1,100,000 asking price for a twelve-unit multifamily portfolio.
  • Located in Tatum, Texas, on a 4.604-acre lot.
  • The portfolio consists of six buildings with a mix of two and three-bedroom units.
  • Total square footage is 12,314 square feet.
  • Units feature modern finishes, stainless steel appliances, and granite countertops.
  • Each unit includes two parking spaces.

Location Insight

City
Tatum
County
Rusk
State
Texas
Latitude
32.320037243598
Longitude
-94.51320764513
570 Sterling Price St, Tatum, Texas

FAQs

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570 Sterling Price St
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