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1.22 Acres with multifamily units 1206 20th St 15 Unit Apartment Building $1,388,940 CAD ($92,596 CAD/Unit) Huntsville, TX 77340

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INVESTMENT HIGHLIGHTS

  • One of the few remaining sites of this size available near SHSU.

EXECUTIVE SUMMARY

Rare Investment Opportunity!
Prime investment location only seconds from Sam Houston State University.
This property currently has 15 multifamily units and approximately .6 acre of additional land making it an attractive investment or covered land play. The property currently has 12” & 8” sewer lines onsite with additional 6” sewer line along street frontage. 12” water line available on 20th St. One of the few remaining sites allowing for High-density Residential.
Do not miss this opportunity. Contact us today!
PROPERTY FEATURES
Located only seconds from Sam Houston Ave & Sam Houston State University (one of the fastest growing colleges in Texas).
Current Income from Multifamily Units.
All Utilities Available
One of the few remaining sites of this size available near SHSU (approximately 1.22 acres)
Close to Retail, Restaurants, & Parks making it attractive to tenants/customers.
MARKET HIGHLIGHTS

Huntsville, Tx offers an excellent quality of life and is home to Sam Houston State University (one of the fastest-growing universities in the state). It also has other major employers such as TDCJ, Region 6 Educational Service Center, Walmart, Weatherford, and many others, making it an increasingly valuable investment market.
Sam Houston State University has a growing population of 21,000+ students which continues to increase the demand and spending in this location.
Demographics 1 Mile 3 Mile 5 Mile
Total Population 2024 17,096 40,780 51,031
Total Daytime Population 18,797 40,079 48,521
Average HH Income $37,340 $53,105 $65,429
*Demographic data derived from 2024 STDB

PROPERTY FACTS

Price $1,388,940 CAD
Price Per Unit $92,596 CAD
Sale Type Investment
No. Units 15
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 1.22 AC
Building Size 11,109 SF
No. Stories 2
Year Built 1900
Zoning None

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
Walk Score®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 32566244

  • Date on Market: 2024-07-24

  • Last Updated:

  • Address: 1206 20th St, Huntsville, TX 77340

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