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Lonnie Stone
American Real Estate
Available

59 Rentals

906 Jordan, Lufkin, Texas 75904 - Angelina County
$3,200,000 10 Acres
Property ID 2872321

Description

59 Rental properties consisting of single family homes, duplexes, and garage apartments. They produce over $550,000 rent each year with a historical gross profit averaging $300,000 a year after maintenance, taxes, insurance, and property management. 90% of properties are located within a 5 mile radius. These rentals have a very strong occupancy. Existing Property management is employable by new owner if desired.

Directions

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Land

Common Features
Rentals

Lot Description
Acreage
Interior Lot
Rentals
Subdivision

Property Tax Exemption
No

Road Frontage Desc
City
Concrete

Surface Rights
All

Will Subdivide
No

Easements
Utilities

Miscellaneous
Rentals

Property Type
Single Family

Special Notes
Affordable Housing
Rentals

Topography
Level

Land Type
Rentals

Present Use
Commercial
Rentals
Residential Single

Proposed Use
Commercial
Rentals
Residential Single

Street/Utilities
City Sewer
City Water
Rentals

Type of Fence
Partially Fenced

Tax Data (Show Tax Data)

Contact Agent

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Lonnie Stone

American Real Estate

1313 S John Redditt
Lufkin, TX 75904

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