Oak Haven Apartments 2910 Old Lane City Rd Immeuble residentiel 48 lots À vendre Wharton, TX 77488

Discover Oak Haven Apartments, an exceptional opportunity to own an income-producing asset in the growing community of Wharton, Texas. Built in 1982 and situated on 3.01 acres, this garden-style complex features 48 spacious units across two stories, totaling approximately 39,541 square feet of space. Under current ownership, 33 units have been extensively renovated with modern upgrades, including new countertops, tile flooring, appliances, plumbing, and fixtures—making the property highly competitive within the local rental market. The unit mix includes a variety of 1, 2, and 3-bedroom floor plans, designed to accommodate a wide range of tenant demographics. Key amenities such as on-site laundry facilities, ample parking, and included utilities (water and garbage) appeal to renters seeking convenience and value. In addition, three units have been successfully converted into short-term rentals to meet the needs of transient workers, including oilfield personnel—offering additional income flexibility. An additional ~21k sf lot along the frontage is included in the sale, which could support building up to an additional 16 units in the future. Located within the Rio Posada subdivision, Oak Haven enjoys proximity to local schools, shopping centers, and major highways, enhancing its appeal to long-term residents and commuters alike. With consistent cash flow and room for further income optimization, Oak Haven Apartments represents a compelling blend of stability and upside. Whether you're looking to expand your multifamily portfolio or enter the market with a proven asset, this property delivers immediate performance and long-term potential.