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1533 Industrial Dr E
Sulphur Springs, TX 75482
Texas Trails Apartments · Multifamily Property For Sale · 33 Units

PROPERTY FACTS

No. Units 33
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 3.23 AC
Building Size 35,442 SF
Average Occupancy 88%
No. Stories 2
Year Built/Renovated 1960/2016
Parking Ratio 1.13/1,000 SF
Zoning B - Multifamily

AMENITIES

UNIT AMENITIES

  • Cable Ready
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Tub/Shower
  • Walk-In Closets
  • Family Room
  • Pantry
  • Vinyl Flooring
  • Window Coverings

SITE AMENITIES

  • Playground
  • Property Manager on Site
  • Security System
  • Trash Pickup - Curbside
  • Maintenance on site

ABOUT 1533 INDUSTRIAL DR E , SULPHUR SPRINGS, TX 75482

Three buildings with office sitting on access road to I30. However, still quiet end of town. 33 units. Extra lot included. Great investment property! 3 buildings Renovated on the inside- still renovating on the outside. Rent for apartments are lowest in the city by far- room to easily raise. Waiting lists for open apartments. Extra lot included. Extra lot has foundation, water, electricity all ready to build storage units for added income. Another possibility is a billboard lease as this property is on the access rd to I-30. Electricity paid by tenants, water paid by property. New industrial water heater (2018). New AC individual units (2016). Plank vinyl flooring, some units with tile, new interior two toned paint, new hardware, new ceiling fans, new fixtures, some new faucets. Manager and maintenance onsite. Large office with bathroom and large storage area. Needs some work on parking lot- a few pot holes, roof needs replacement in the next couple of years. Exterior being painted now. 1st level brick. Well lit with security cameras watching. Pool inoperable but fenced. Can easily be filled in. Great community and close knit complex.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 16 $450.00 750
2+2 14 $550.00 1,000
3+2 3 $650.00 1,200

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R000007699
Land Assessment
$61,920
Improvements Assessment
$586,780
Total Assessment
$648,700
  • Listing ID: 18257851

  • Date on Market: 1/21/2020

  • Last Updated:

  • Address: 1533 Industrial Dr E, Sulphur Springs, TX 75482

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