11,826 SqFt
11,826 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 11,826 sqft
Price per Sqft $114
Subdivision A0448
MLS Listing ID 21159583
HOA Y/N No
Year Built 1984
Annual Tax Amount $21,046
Lot Size 5.000 Acres
Acres 5.0
Property Sub-Type Business
Property Description
This 12-unit apartment complex sit on an expansive 5-acre tract across from the country club, offering endless possibilities for investors and developers. With ample room for expansion, additional units, or future development, this property presents a rare opportunity to increase value and maximize long-term returns.
Nestled in a growing area of Kemp, the property offers a blend of privacy and accessibility, making it attractive for tenants seeking space while remaining close to town amenities. The generous acreage provides flexibility for redevelopment, adding amenities, or exploring alternative income producing uses (buyer to verify).
Whether you're looking to expand your rental portfolio, develop further, or reforming the property's full potential, this unique multi-family asset delivers space, opportunity, and upside all in one package.
Some are 1 bedroom and some are two bedroom. Some have fireplaces.
Building#1: Units #1090-1120 800SqFt.
Building #2: Units #1050-1080 1026SqFt.
Building #3: Units #1010-1040 913SqFt.
All units vary with size, features, and current lease amount.
Location
State TX
County Kaufman
Zoning Commercial
Direction GPS.
Interior
Heating Central
Cooling Central Air
Flooring Combination
Inclusions Building Only, Land & Improvements
Fireplace No
Exterior
Parking Features On Site, Parking Lot
Utilities Available Electricity Connected, Municipal Utilities, Septic Available, Water Available
Roof Type Asphalt
Road Frontage County Road, Farm to Market Road, All Weather Road
Building
Lot Description Acreage, Pasture, Many Trees
Story 2
Foundation Slab
Sewer Septic Tank
Others
Senior Community No
Tax ID 12892
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21159583
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Team Lead, Realtor, MRP | License ID: 715411
+1(512) 635-3347 | jackiehuffbuyselllease@gmail.com