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Oak Haven Apartments 2910 Old Lane City Rd 48 Unité Immeuble d’appartements À vendre Wharton, TX 77488

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FAITS SAILLANTS DE L'INVESTISSEMENT

Huge value-add potential with filling vacancy, conversion of additional weekly rental units and adding full-time professional property management

RÉSUMÉ DE L'ANNONCE

Discover Oak Haven Apartments, an exceptional opportunity to own an income-producing asset in the growing community of Wharton, Texas. Built in 1982 and situated on 3.01 acres, this garden-style complex features 48 spacious units across two stories, totaling approximately 39,541 square feet of space. Under current ownership, 33 units have been extensively renovated with modern upgrades, including new countertops, tile flooring, appliances, plumbing, and fixtures—making the property highly competitive within the local rental market. The unit mix includes a variety of 1, 2, and 3-bedroom floor plans, designed to accommodate a wide range of tenant demographics. Key amenities such as on-site laundry facilities, ample parking, and included utilities (water and garbage) appeal to renters seeking convenience and value. In addition, three units have been successfully converted into short-term rentals to meet the needs of transient workers, including oilfield personnel—offering additional income flexibility. An additional ~21k sf lot along the frontage is included in the sale, which could support building up to an additional 16 units in the future. Located within the Rio Posada subdivision, Oak Haven enjoys proximity to local schools, shopping centers, and major highways, enhancing its appeal to long-term residents and commuters alike. With consistent cash flow and room for further income optimization, Oak Haven Apartments represents a compelling blend of stability and upside. Whether you're looking to expand your multifamily portfolio or enter the market with a proven asset, this property delivers immediate performance and long-term potential.

Offering Memorandum

FAITS SUR LA PROPRIÉTÉ

Type de vente	Investissement	Taille du lot	3,49 AC
Nombre d’unités	48	Taille du bâtiment	39 541 pi²
Type de propriété	Immeuble residentiel	Occupation moyenne	98%
Sous-type de propriété	Appartement	Nombre d’étages	2
Style d’appartement	Jardin	Année de construction/rénovation	1982/2023
Classe d’immeuble	C	Ratio de stationnement	1,49/1 000 pi²
Zonage	R4 - Multifamilial

Type de vente	Investissement
Nombre d’unités	48
Type de propriété	Immeuble residentiel
Sous-type de propriété	Appartement
Style d’appartement	Jardin
Classe d’immeuble	C
Taille du lot	3,49 AC
Taille du bâtiment	39 541 pi²
Occupation moyenne	98%
Nombre d’étages	2
Année de construction/rénovation	1982/2023
Ratio de stationnement	1,49/1 000 pi²
Zonage	R4 - Multifamilial