325 Hwy 75 North
3.92 Acres
Office/Warehouse

LEGAL: 3.92 acres out of the P. Gray League, A-24, City of Huntsville, Walker County, Texas
LOCATION: 325 Hwy 75 North, Huntsville, TX 77340
ACCESS: 230' of frontage on Highway 75 North approximately 1/2 mile north of 11th Street.
UTILITIES: Water, Sewer, Garbage - City of Huntsville
Gas - Entex
Telephone - AT&T
IMPROVEMENTS: Multi-building complex consisting of office/warehouse building, a single-family residence with detached garage & warehouse buildings. Some have pitched metal roofs & others have gabled roofs. All have metal frame construction. Driveway & parking areas are concrete & asphalt.
COMMENTS: Great upside potential with an increase in the current below market rents. Very well maintained investment property in great location.
PRICE: $1,125,000.00
CONTACT: John Paul Lampson
HomeLand Properties, Inc.
1600 Normal Park
Huntsville, TX 77340
936-295-2500  Office
936-295-9575  Fax
www.homelandproperties.com
E-mail:  jplampson@homelandprop.com 
*The information contained herein is from sources deemed reliable but is not guaranteed by HomeLand Properties, Inc. The offerings are subject to change in price, errors, omissions, prior sales or withdrawal without notice. Acreage size and dimensions are approximate. Licensed co-brokers are welcome to show this property by advance appointment and will receive a co-broker fee if the co-broker accompanies their buyer from the first showing to the closing of a sale.

 

Income/Expense Summary
Income:
$141,060.00
Less: Vacancy (5%)
($7,053.00)
Effective Gross Income
$134,007.00
Expenses:
Taxes
$ 15,312.00
Insurance
$   2,170.00
Management
$   6,700.00
Maintenance/Repairs
$   6,085.00
Utilities
$   6,060.00
Total Expenses
($ 36,327.00)
Net Operating Income
$ 97,680.00

Picture

Plat

Aerial

Location Maps



 

Home Acreage Commercial Sale Commercial Lease Residential Lots Rental Sold Agents/Staff Contact Us