42 Unit commercial apartment complex, located in Jacksonville, TX 75766, in Cherokee County. Property is a 2 acre property (2.19) acres with 2 complexes, side by side. There are 24 one bedroom units, 16 two bedroom units, and 2 three bedroom townhouses. Each is separately metered for electricity and owner pays water which is on a master meter. Occupancy has been at 99%+ for over 15 years. Zoned for Multi-Family. On site laundry. New $85,000 room installed on L-shaped building in past 3 years. OWNER WILL FINANCE WITH 30% DOWN, AT PRIME + 1.
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