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Turnkey 16-unit apartment complex in the highly sought-after Oak Grove School District! Each unit features 2 bedrooms, 1 bathroom, and washer & dryer hookups, offering a desirable layout for tenants. Renovated in 2021, this fully occupied property is generating strong cash flow with most high-ticket items replaced in recent years, including new roofs on all four buildings. With well-maintained units and stable tenancy, this investment offers immediate income potential with minimal upfront work. Conveniently located near shopping centers, entertainment, and major highways, this is a prime opportunity for investors looking to expand their portfolio with a high-performing asset!
DAYS ON MARKET | 23 | LAST UPDATED | 3/25/2025 |
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TRACT | Other | YEAR BUILT | 1984 |
COMMUNITY | Oak Grove | COUNTY | Lamar |
STATUS | Pending | PROPERTY TYPE(S) | Multi Family |
ADDITIONAL DETAILS | |
AREA | Oak Grove |
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CONSTRUCTION | Brick Veneer |
LOT DIMENSIONS | IRR - 4 separate parcels |
SUBDIVISION | Other |
TAXES | 6759.46 |
SATELLITE VIEW |
CONTACT US ABOUT 22 SHEARS RD.
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Listing provided by Bruna Bezerra, B & Co Realty
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