18-Unit Multifamily
For Sale
Contact for pricing
Pending
402 Davis St, Longview, TX 75602
18-unit multifamily portfolio in five assets near LeTourneau University, with vacant units not rent-ready and physical distress.
Property SizeContact for details
Days on Market124
Property Features for 402 Davis St
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Highway Access
Yes
Multifamily Units
18
Listing Agency:
eXp Realty in North Dallas
Listed By:
Yashira Gruszynski · License #TX
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 11 at 3:00PM
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 eXp Realty in North Dallas
Investment Insights
Based on property information with market context.
This offering is an 18-unit multifamily portfolio comprised of five separate multifamily assets at 402 Davis St, Longview, TX 75602. The property is described as physically distressed, and the seller notes it may require six figures in deferred maintenance and renovations. The portfolio includes vacant units that are not currently rent-ready.
The portfolio is located within 5 minutes of LeTourneau University and provides easy access to major highways, with shops, restaurants, and entertainment venues minutes away.
Additional information, including additional photos, rent roll, and financials, is available in the vault after execution of a confidentiality agreement. The seller also indicates there may be potential to add 12 stabilized units to the portfolio. Seller financing may be considered with a substantial downpayment, and $0 down terms will not be considered. End buyers only.
The portfolio is located within 5 minutes of LeTourneau University and provides easy access to major highways, with shops, restaurants, and entertainment venues minutes away.
Additional information, including additional photos, rent roll, and financials, is available in the vault after execution of a confidentiality agreement. The seller also indicates there may be potential to add 12 stabilized units to the portfolio. Seller financing may be considered with a substantial downpayment, and $0 down terms will not be considered. End buyers only.
Key Highlights
- 18‑unit multifamily portfolio across 5 assets near LeTourneau University
- Within 5 minutes of LeTourneau University
- Physically distressed with potential deferred maintenance and renovations (six figures noted)
Property Analytics
Property Profile
Current Use
Lease Details
18
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
762
Businesses Nearby
Explore this area
Business Placement
Demographics for 75602, TX
22,041
Population
8,131
Households
2.7
Avg Household Size
33
Median Age
14%
College-Educated
79%
High-School Grad
51.9 sq mi
ZIP Area
425
Density / Sq Mi
$56,659
Median Household Income
$30,199
Median Earnings
$970
Median Rent
$122,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 18-unit multifamily portfolio in five assets near LeTourneau University, with vacant units not rent-ready and physical distress.
Where is this apartment building located?
The property is located at 402 Davis St Longview, TX.
What are key features of this property?
This property features: 18‑unit multifamily portfolio across 5 assets near LeTourneau University; Within 5 minutes of LeTourneau University; Physically distressed with potential deferred maintenance and renovations (six figures noted)
