Description
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.
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0BEDS
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5ACRES
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0BATHS
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01/2 BATHS
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11,826SQFT
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$125$/SQFT
School Ratings & Info
Description
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.
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