Blue Sky Apartments presents an opportunity to acquire a 42-unit multifamily community in the heart of Huntsville, Texas, offered at just $71,310 per unit. Spanning three buildings at 911, 913, and 916J University Avenue. The property features a diverse unit mix of studios, one-bedroom, and two-bedroom floor plans with current rents ranging from $685 to $995 per month, supported by additional income streams including RUBS, laundry, and pet fees. With zero bad debt recorded over the past 12 months and a lean, self-managed expense structure, Blue Sky Apartments has demonstrated consistent and reliable cash flow. Strategically located in the Sam Houston State University submarket, the property benefits from strong, stable rental demand driven by the university's growing enrollment and Huntsville's expanding workforce base. The current 92.9% occupancy rate, combined with three vacant units ready for immediate lease up, presents a clear value add opportunity to push the asset to full stabilization from day one. With no property management fees currently reflected in the financials, a new owner utilizing professional management has built in upside while still maintaining an attractive return profile. This is a well positioned, income-producing asset that checks every box for investors seeking strong yield, stable cash flow, and long-term upside in a growing Texas market.