This multi-family property in Groveton, Texas, offers a rare investment opportunity in a growing East Texas market. The site includes multiple buildings totaling over 25,000 square feet, providing significant income potential through rental operations or redevelopment. With its expansive acreage and existing infrastructure, the property is well-suited for investors seeking to expand their portfolio in residential or mixed-use assets.
Located within the city limits of Groveton, the property benefits from proximity to key regional routes, including Highway 94 and FM 355, ensuring convenient access to nearby towns and major highways. The area supports a stable rental market and offers potential for value-add improvements or repositioning strategies. This asset’s scale and location make it an attractive option for long-term hold investors or developers looking to capitalize on East Texas’ steady demand for affordable housing.