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    2620 Interstate 45 S

    New Waverly, TX 77358
    • $749,000
    • STATUS: Active
    • ID#: 43695591
    UPDATED: 39 min ago
    $749,000
    • 1
      BEDS
    • 8.7
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    • 4,500
      SQFT
    • $166
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2003
    County:
    Area:
    43

    School Information

    Elementary School:
    School District:

    Description

    This investment property sits on 8.7 wooded acres and has 3 fully occupied barndominiums. Each unit is a large, open "studio" style apartment with 12ft ceilings, loft areas, 1 full bath, a kitchen, two 10x10' full glass overhead doors with lockable sliding steel security shutters, and a loading dock. All are fully insulated, heated & AC'ed.The red unit was built in 2011 is 1800SF & rents for $950/mo.The tan unit was built in 2008 is 1500SF &rents for $1050/mo.The green unit was built in 2003 is 1200SF & rents for $950/mo.Together these three provide $35,400/yr in gross income! Less than an acre of land is taken up by these 3 buildings, leaving plenty of land to expand!The property is situated in New Waverly, 15min south of Huntsville & 15min north of Conroe, with 100ft of frontage on I-45. Ideal rentals for people just looking to enjoys the quiet country setting and escape city life!

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    © 2020 Houston Realtors Information Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2020-12-01T22:12:02.077.
    www.ororealtytx.com/homes/111208822
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    2620 Interstate 45 S New Waverly, TX 77358

    • Price: $749,000
    • Status: Active
    • Updated: 39 min ago
    • ID#: 43695591
    1
    Beds
    1
    Baths
    0
    ½ Baths
    8.7
    Acres
    4,500
    SQFT
    $166
    $/SQFT
    2003
    Built
    Neighborhood:
    Marsh R
    County:
    Walker
    Area:
    43
    Elementary School:
    New Waverly Elementary School
    Middle School:
    New Waverly Junior High School
    High School:
    New Waverly High School
    School District:
    New Waverly
    Property Description
    This investment property sits on 8.7 wooded acres and has 3 fully occupied barndominiums. Each unit is a large, open "studio" style apartment with 12ft ceilings, loft areas, 1 full bath, a kitchen, two 10x10' full glass overhead doors with lockable sliding steel security shutters, and a loading dock. All are fully insulated, heated & AC'ed.The red unit was built in 2011 is 1800SF & rents for $950/mo.The tan unit was built in 2008 is 1500SF &rents for $1050/mo.The green unit was built in 2003 is 1200SF & rents for $950/mo.Together these three provide $35,400/yr in gross income! Less than an acre of land is taken up by these 3 buildings, leaving plenty of land to expand!The property is situated in New Waverly, 15min south of Huntsville & 15min north of Conroe, with 100ft of frontage on I-45. Ideal rentals for people just looking to enjoys the quiet country setting and escape city life!
    Exterior Features

    Acres Description 5 Up To 10 Acres Lot Description OtherWooded Roof Aluminum Siding Aluminum

    Interior Features

    Cool System Window Units Floors Concrete Heat System Window Unit

    Property Features

    Contract Type Commercial Country United States Disclosures Other Disclosures Expense Owner Operating Taxes Fee Other No Finance Available Cash SaleConventionalInvestor Income Gross Operating 25500 Lot Size Source Appraisal District Lot Value No Maintenance Fee Yes No No Management Co YN No New Construction No Property Sub Type Multiple Detached Dwellings Restrictions None Sq Ft Source Seller Tax Amount 6324 Tax Rate 1.9764 Tax Year 2020 Year Built Src Appraisal

    Listing information © 2020 Houston Association of REALTORS® MLS.
    Listing courtesy of Arcadi Realty.



    © 2020 Houston Realtors Information Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2020-12-01T22:12:02.077.
     
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