479 S Devine Ave, Groveton, TX 75845

Introducing a unique investment prospect at 479 S Devine St, Groveton, TX. This 38-unit apartment complex, nestled in the serene town of Groveton, is approximately an hour from the bustling Houston Metro Area. It presents an ideal opportunity for various uses, including Airbnbs, senior housing, Section 8 rentals, and more. The complex features: 38 Total Units: 20 One-Bedroom Units 10 Two-Bedroom Units 8 Three-Bedroom Units Amenities: Office and laundry facilities on-site Land: Spanning 4 acres, there s plenty of room for expansion or redevelopment. Although the property requires remodeling and repairs, it has a rich history of full occupancy, making it a promising venture for savvy investors. The previous owner s long-distance management led to neglect, but with the right vision and effort, this complex can be revitalized to its former glory. Why Groveton? Groveton is a charming small town with a tight-knit community, offering a peaceful lifestyle away from the hustle and bustle. Its proximity to Houston makes it an attractive option for commuters and those looking to escape the city while still enjoying access to urban amenities. This complex is perfectly situated for investors from the Houston area and beyond. With significant potential for rental income and expansion, this property is waiting for the right owner to unlock its value. Do not miss out on this exceptional opportunity-schedule your viewing today Property is being sold AS IS, WHERE IS, WITH ALL FAULTS. Buyer must conduct all due diligence and independently verify the property's condition and all material information before bidding.