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36-Unit Apartment Portfolio
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Pending

701 N Frazier St, Conroe, TX 77301

Market-rate multifamily portfolio combining a midrise apartment complex with nearby townhomes in Conroe, Texas.

Property SizeContact for details
Days on Market143

Property Features for 701 N Frazier St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Worldwide Commercial
Listed By: Jerad Rector · License #TX 572749
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 7:53PM

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 Worldwide Commercial

Investment Insights

Based on property information with market context.

This fee-simple offering combines two nearby multifamily properties with 36 units east of I-45 in Conroe. The Loftsof Conroe includes 30 units across two midrise-style buildings at 701 N Frazier St. Completed in 2020, the property offers two floor plans ranging from 1,039 to 1,159 square feet, with each residence configured as a two-bedroom, two-bath unit. The site covers .34 acres and fronts N. Frazier Street.

Glenwood Villas adds six townhomes on .52 acres along W. Lewis Street. Completed in October 2020, each townhome contains 1,630 square feet with three bedrooms and two bathrooms. The portfolio is operated as market-rate housing, with the owner currently covering water, trash, sewer, and internet. A purchaser may evaluate market rent adjustments and a RUBS program as part of a value-add plan.

Key Highlights

  • 36 total units across two nearby multifamily properties
  • 30‑unit complex at 701 N Frazier St on .34 acres
  • Two floor plans from 1,039 to 1,159 SF; all units are 2 bed/2 bath

Property Analytics

Current Use

The Lofts of Conroe Apartment Complex

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Store Pet Grooming Service Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,801
Businesses Nearby

Demographics for 77301, TX

35,923
Population
12,854
Households
2.8
Avg Household Size
32
Median Age
21%
College-Educated
75%
High-School Grad
20.2 sq mi
ZIP Area
1,778
Density / Sq Mi
$64,885
Median Household Income
$35,575
Median Earnings
$1,229
Median Rent
$193,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Market-rate multifamily portfolio combining a midrise apartment complex with nearby townhomes in Conroe, Texas.
Where is this apartment building located?
The property is located at 701 N Frazier St Conroe, TX.
What are key features of this property?
This property features: 36 total units across two nearby multifamily properties; 30‑unit complex at 701 N Frazier St on .34 acres; Two floor plans from 1,039 to 1,159 SF; all units are 2 bed/2 bath
(817) 562-4990 Call to check price and availability
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