Multi-family Investment Property for Sale Blossom Tx, Ne Tx

Description

Multi-Family Investment Property For Sale Blossom TX, NE TXTurnkey Apartment Complex & Duplex | Stable Cash Flow | Easy Access to Paris TX & DFWProperty OverviewUnlock a unique opportunity to own a well-maintained, income-producing multi-family property in Northeast, Texas, just minutes from Paris and within an easy drive of the growing Dallas-Fort Worth Metroplex (DFW). This attractive investment includes a 7-unit apartment complex, a separately metered duplex, and an additional lot — all with strong occupancy history, reliable tenants, and meaningful recent upgrades.Perfect for investors looking for cash flow real estate in Northeast Texas with convenient access to larger cities and major highways.Property HighlightsApartment ComplexBuilt in 1982 | Approx. 7,000 sq. ft. | Seven (7) unitsEach unit: 2 Bedrooms / 1.5 Bathrooms$75,000+ in upgrades — five units updated with fresh finishes and the entire exterior upgraded with Hardie Board sidingAll but two exterior AC units replaced within the last 10 yearsShared master water meter with individual shut-offs for each unit; tenant-paid electricOn-site parking and good curb appealStable occupancy with opportunity to increase rents on renewalsDuplexBuilt in 1999 | Approx. 925 sq. ft. per side | Two (2) unitsEach unit: 2 Bedrooms / 1 BathroomOne side updated: other side occupied by a long-term tenant of 9+ yearsNew roof installed in April 2024Each unit separately metered for water, trash, and electricReliable tenants and steady income streamAdditional LotIncluded in the offering — use for parking, outdoor space, or possible future developmentOperations SnapshotGPI: $70,000.00 AnnuallyWater/Trash: Approx. $450–$500/month (master meter for apartments; duplex individually metered)Taxes: Refer to current Lamar County CAD assessmentsRent Roll: Strong history of collections with below-market rents on several units — excellent potential to grow cash flowProximity to Larger Towns & DFW✅ Minutes from Paris, TX — a regional hub for jobs, shopping, healthcare, and schools✅ Quick Access to US Hwy 82 & US Hwy 271 — easy commuter routes for tenants working in Paris or surrounding towns✅ Approx. 1.5–2 hours to the Dallas-Fort Worth Metroplex — benefit from metro growth trends and a steady supply of renters seeking affordable small-town housing within driving distance of DFW✅ Close to the North Lamar and Paris Independent School Districts, local parks, employers, and retail optionsInvestment HighlightsSolid multi-family unit mix: 7-unit apartment complex plus duplexRecent capital improvements: siding, interior unit updates, HVAC systems, and new duplex roofTenant-paid utilities help keep owner expenses lowerStable occupancy with long-term tenants and below-market rents = built-in value-add upsideQuiet small-town setting that appeals to local workforce tenants, retirees, and familiesRegional rental market with reliable demand and proven appreciation potential