Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1984
Sq.Footage
11,826
Prime investment opportunity in Kemp,TX! This 12-unit apartment complex sit on an expansive 5-acre tract across from the country club, offering endless possibilities for investors and developers. With ample room for expansion, additional units, or future development, this property presents a rare opportunity to increase value and maximize long-term returns. Nestled in a growing area of Kemp, the property offers a blend of privacy and accessibility, making it attractive for tenants seeking space while remaining close to town amenities. The generous acreage provides flexibility for redevelopment, adding amenities, or exploring alternative income producing uses (buyer to verify). Whether you're looking to expand your rental portfolio, develop further, or reforming the property's full potential, this unique multi-family asset delivers space, opportunity, and upside all in one package. Some are 1 bedroom and some are two bedroom. Some have fireplaces. Building#1: Units #1090-1120 800SqFt. Building #2: Units #1050-1080 1026SqFt. Building #3: Units #1010-1040 913SqFt. All units vary with size, features, and current lease amount.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Site, Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Many Trees, Pasture
-
Lot Size(acres)
5.0
-
Property Type
Commercial Sale
-
Property Sub Type
Business
Price
-
Sales Price
$1,475,000
-
Tax Amount
$21,046
-
Zoning
Commercial
-
Sq. Footage
11, 826
-
Price/SqFt
$124
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Foundation Details
Slab
-
Senior Community YN
NO
-
Sewer
Septic Tank
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Location
County
Kaufman
Elementary School
Middle School
High School
Listing Courtesy of Summer Barclay , Bradford Elite Real Estate LLC
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