1419 Avenue Huntsville, TX 77340
This exceptional six-unit student housing property, located at 1419 Avenue N in Huntsville, Texas, presents a compelling investment opportunity. Built in 2020, the Class B multifamily complex boasts a total of 10,559 square feet. Each of the six units offers four bedrooms and four and a half bathrooms, comfortably accommodating students. Currently, the property enjoys an 83% occupancy rate. High-quality finishes are standard throughout, including granite countertops and stainless steel appliances—a refrigerator, microwave, and electric stovetop/oven are included in each unit. Further enhancing the appeal to students, a washer and dryer is provided in every unit. The property's strategic location, just 0.3 miles from the Sam Houston State University campus, ensures strong rental demand and consistent occupancy. With its modern amenities, desirable location, and current occupancy rate, this property represents a solid investment in the thriving Huntsville student housing market. The asking price is $2,075,000. The property is situated in Walker County, Texas, with a zip code of 77340.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.