214 Longstreet Rd Willis, TX 77378
16-unit multifamily property with immediate income and upside potential.
Type:Multifamily
- Added:
- Nov 8, 2023
- Days on Market:
- 875
- Last Refresh:
- Mar 21 at 8:21 pm
Property Features for 214 Longstreet Rd
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 1983
Listing agent Farid Chatur License #TX 0599697
Listing office Apex Realtors (832) 685-2739
Listing date Nov 8, 2023
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Apex Realtors
Overview
Partially Renovated Multifamily Investment
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.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Willis
- County
- Montgomery
- State
- Texas
- Longitude
- -95.4482
- Latitude
- 30.4217
Nearby Similar for Sale
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.
