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10 Acres in Jacksonville, TX - $1,500,000

100 unit two-story multi-family apartment complex on major U.S. highway. Other than requiring some parking lot paving, the complex is in good condition and value priced. Virtually all units are HUD subsidized. 90-plus percent occupancy rate. Two on-site property managers and two full time maintenance personnel. All financials available. Property owned by a charitable trust.

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From the intersection of U.S. 79 & U.S. 69, in Jacksonville, north on U.S. 69 for one mile. Property on left (west side of road).

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Contact Seller
Cherokee Real Estate Company, Inc.

License #404086

Jacksonville, TX

(903) 623-6830