Listing provided courtesy of Compass RE Texas, LLC- MLS# 21273072MLS ProviderContact Information: Michael Karol - 817-714-7769

208 N Church StreetHillsboro, TX 76645

Multi-Family · 2 Beds · 1 Full Bath · 15,250 Sq. ft. | 0.65 Acres
$1,395,000 Active

208 N Church Street Overview

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The Hillsboro Oaks Apartments. Located in downtown Hillsboro, TX just two city blocks from the Hill County courthouse with easy access to I-35, and less than a 1 hour drive from Fort Worth. Acquisition of this 20 unit apartment complex presents a value add opportunity for multi family investors. All 2 bed, 1.5 bath units range from approximately 750-1,000 SqFt and rent for an average of one dollar per SqFt plus utilities. Units were renovated in 2021 with new higher grade materials, systems and features including carpet, countertops, paint, LVP flooring, appliances, HVAC units, resurfaced parking lot and new metal roofing and siding. Please contact listing agent for rent roll & expenses and scheduling showings.

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208 N Church Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 15,250
  • Price/Sq.ft. $91
  • Lot 0.65 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Hillsboro ISD
  • Elementary School: Hillsboro
  • High School: Hillsboro

Income/Expenses

  • Gross Income: 174209.0
  • Insurance Expense: 15487.0
  • Net Operating Income: 122589.0

Building Information

  • Year Built: 1984
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Hill
  • Postal City: HILLSBORO
  • Subdivision Name: Harden

Tax Information

  • Tax Annual Amount: 9891.0

General Information

  • Parcel Number: 106908
  • Property Type: Residential Income

Interior

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Total: 1
  • Bedrooms Total: 2

Building Interior

  • Building Area Source: Appraiser
  • Building Area Total: 15250.0

General Information

  • Appliances: Dishwasher,Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater,Refrigerator
  • Flooring: Luxury Vinyl Plank
  • Foundation Details: Pillar/Post/Pier
  • Interior Features: Open Floorplan,Cable TV
  • Levels: Two
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Asphalt,Common
  • Parking Total: 31.0

Lot Information

  • Lot Size Acres: 0.653
  • Lot Size Area: 0.653
  • Lot Size Square Feet: 28444.68
  • Lot Size Units: Acres
  • Number Of Buildings: 5
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Frame,Metal Siding,Wood Siding
  • Roof: Metal

General Information

  • Number Of Units Total: 20
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Phone Available,Sewer Available,Water Available,Cable Available

Unit Information

Unit 1 Details

  • Unit Type: 2 Bedroom
  • Units Total: 20

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

208 N Church Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

208 N Church Street Market Data

Based on the last 30 days in this zip code

$322,103
Average List Price
$149
Average Price per Square Foot
10
Properties Sold
100
Average Days on Market
64
Properties for Sale
Calculations provided by Reliance Network


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