208 N Church St - Apartments FOR SALE


Hillsboro, TX 76645
$1,395,000 USD
817-714-7769
208 N Church St, Hillsboro, TX for Sale
$1,395,000 USD
Apartments - FOR SALE
1/8
null | 8.19% Cap Rate

208 N Church St
Hillsboro, TX 76645


HIGHLIGHTS

  • Walking distance to town square
  • Rent growth
  • High occupancy
  • Low competition in submarket
  • Ample parking

OVERVIEW

The Hillsboro Oaks Apartments are located in downtown Hillsboro, TX just two city blocks from the Hill County courthouse with easy access to I-35, and less than a 1 hour drive from Fort Worth. Acquisition of this 20 unit apartment complex presents a value add opportunity for multi family investors. 2 Bed 1 Bath (16 units) + 2 Bed 1.5 Bath (4 units) range from approx. 750-1,000 SqFt. Most units renovated since 2021 with new higher grade materials, upgraded mechanical systems & features. Capital improvements including new carpet, countertops, paint, LVP flooring, appliances, HVAC units, resurfaced parking lot & new metal roofing and siding. Currently 90% occupied as of Aug. 2026. Please contact listing agent for rent roll & expenses and scheduling showings. Contact listing broker for all due diligence.

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$91 USD /SF

# OF UNITS

20

PRICE/UNIT

$69,750

CAP RATE

8.19%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hillsboro Oaks Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

Commercial

APN/PARCEL ID

106908

ASK ABOUT THIS PROPERTY

Michael KarolCompassMore Info
817-714-7769

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Michael KarolCompassMore Info
817-714-7769

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.