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
AVG $560K
$1.6M
Taxes
AVG $4,915
$9,891
Visits
AVG 118
77
Data Provided by Inside Real Estate®
Year Built
AVG 1954
1984

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