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$ 9,999,500
Est. payment | /mo
4.83 Acres Lot
$ 9,999,500
Est. payment | /mo
4.83 Acres Lot
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
Subdivision Tx
MLS Listing ID 25010985
Lot Size 4.830 Acres
Acres 4.83
Lot Dimensions 4.83 Acres
Property Sub-Type Building
Property Description
Strategically positioned along FM 346 just west of downtown Whitehouse, Manchester Heights offers a rare blend of location, quality construction, and strong investment fundamentals. Completed in 2022, this gated multifamily community is only 2 miles from top-rated Whitehouse ISD schools and less than 10 miles from The University of Texas, Tyler and Tyler Junior College making it ideal for families, students and professionals alike. Boasting over 90% occupancy, Manchester Heights is a stabilized, turnkey investment opportunity in a high-income, high-demand area. Residents enjoy luxurious finishes including custom cabinetry, granite countertops, stainless steel appliances, recessed lighting, and durable plank flooring. Each unit also features a garage and private fenced patio, elevating the lifestyle experience. With solid neighborhood demographics and strong leasing momentum, Manchester Heights offers immediate cash flow with additional upside potential. Value-add opportunities include increasing revenue through monthly pet rent, washer/dryer rentals, and other ancillary income streams. Whether you're looking to invest in a high-performing asset or live in refined comfort close to it all, Manchester Heights delivers.
Location
State TX
County Smith
Area Smith
Zoning Multi Family Dwelling
Exterior
View Y/N No
Listed by Lloyd Nichols • Nanci Wright Property Management
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