214 Longstreet Rd, Willis, TX 77378

Building Details

Year Built

1983

Listing office Apex Realtors f***@apexrealtors.com Show Phone

Listing date Nov 8, 2023

Source Crexi

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Overview

214 Longstreet Apartments offers the opportunity to acquire a partially renovated 16-unit multifamily property. The property has undergone exterior and interior improvements, positioning a new owner to benefit from completed capital upgrades while continuing to increase value through the remaining units. The exterior has been refreshed with new paint and durable Hardie plank siding. Electrical systems have been upgraded with new electrical lines and fixtures installed at each unit. The roof was replaced in 2013 by the previous owner. Interior renovations have been completed on 8 units, which feature modern upgrades including new kitchen cabinetry, updated flooring (tile or carpet), fresh paint, and new appliances including washers, dryers, stoves, and refrigerators. Many of the renovated units also include new HVAC systems. The remaining units are currently in good condition, providing an investor the opportunity to continue renovating and capturing additional rental upside over time. This property represents a balanced investment opportunity with stabilized income from renovated units and additional value-add potential through future upgrades.

Suggested Use

Auto Parts Store Veterinary Clinic Bed & Breakfast Cosmetic Store (Bike/Boat/Book/etc) Store Hotel & Motel Building Supply Nail Salon Gym & Fitness Center Spa & Massage Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Willis

County

Montgomery

State

Texas

Longitude

-95.4482

Latitude

30.4217

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FAQs

What type of property is this?

Apartment building - 16-unit multifamily property with immediate income and upside potential.

Where is this apartment building located?

The property is located at 214 Longstreet Rd Willis, TX.

What is the asking price?

The asking price for this property is $3,200,000.

What are key features of this property?

This property features: Partially renovated 16‑unit multifamily property with immediate income.; **8 units feature modern upgrades** including new kitchen cabinetry, updated flooring, fresh paint, and new appliances.; **Exterior fully refreshed** with new paint and durable Hardie plank siding.