402 Davis St Longview, TX 75602

Listing agency eXp Realty in North Dallas

Listed by Yashira Gruszynski · License #TX

Source Crexi

Added: Apr 11 Updated: Jul 20 at 5:29PM Checked: Jul 21 at 6:26AM

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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.

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)

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FAQs

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)