New Garden-Style Apartment
155 Plez Morgan Dr. Montgomery, TX 77356
For Sale
Contact for pricing
Newly built 72-unit apartment community near Lake Conroe.
Lot Size7.59 Acres
Days on Market116
Property Features for 155 Plez Morgan Dr.
General Information
- Standard status
- Active
- Lot size
- 7.59 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 2024
Listing Agency:
(918) 346-7520
Listed By:
Tyler Bynum · License #TX #727251
Source:
Franklinst
Added: Apr 1
Changed: Jul 10
Last Checked: Jul 10 at 1:15PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tyler Bynum
Investment Insights
Based on property information with market context.
Grand Monarch Apartments, completed in 2024, is a newly constructed, 72-unit garden-style community offering modern living and natural tranquility. The property is situated on 7.59 acres, just north of Highway 105 and west of Lake Conroe, providing a suburban retreat with connectivity to commercial and residential hubs. Current and proforma rents project at $1.59/SF for 1-bedroom units and $1.43/SF for 2-bedroom units. The property is offered on a fee-simple free-and-clear basis, allowing investors flexibility in financing and operational strategy. Located in Montgomery, TX, the property benefits from strong rental demand and economic growth. The location is less than 2 miles away from a new H-E-B development. Grand Monarch Apartments is a multifamily asset with value-add potential, poised to deliver long-term returns.
Key Highlights
- Newly Constructed (2024) 72‑Unit Garden‑Style Apartment Community
- High‑Growth Location in Montgomery, TX with Strong Rental Demand
- Situated on 7.59 Acres Near Highway 105 and Lake Conroe
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Newly built 72-unit apartment community near Lake Conroe.
Where is this apartment building located?
The property is located at 155 Plez Morgan Dr. Montgomery, TX.
What are key features of this property?
This property features: Newly Constructed (2024) 72‑Unit Garden‑Style Apartment Community; High‑Growth Location in Montgomery, TX with Strong Rental Demand; Situated on 7.59 Acres Near Highway 105 and Lake Conroe
