200 Broken Bough Ln Conroe, TX 77304
- Dormitories
- 5,460 SF
Current Use by Public Records
- Elmer Appliance Repair / Appliance Repair Service
Property Details for 200 Broken Bough Ln
- Year built
- 1968
- Property size
- 5,460 SF
- Property type
- Dormitories
- Property subtype
- Student housing
Description
This exceptional 5,460 sq ft property at 200 Broken Bough Lane, Conroe, TX 77304, presents a unique investment opportunity. Built in 1968 and renovated 4 years ago, this two-story building sits on a 13,500 sq ft lot and features 12 bedrooms across 12 units. The property is zoned for commercial use (Permitted Zoning: 19) and offers significant versatility. Ideal for various commercial applications, including student housing, the property's spacious layout allows for seamless adaptability to diverse business models. Fully ADA compliant and equipped with a state-of-the-art sprinkler system, it prioritizes safety and accessibility. The property's prime location in Conroe, Montgomery County, offers excellent proximity to residential areas, enhancing its appeal and potential for strong occupancy rates. The asking price is $568,800. This turnkey property requires minimal additional investment, offering immediate operational potential and a strong return on investment. The expansive square footage allows for operational growth and the ability to scale services to meet increasing demand. This presents a rare opportunity to capitalize on the growing need for quality student housing in a desirable location. Room sizes are approximate
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Conroe
- County
- Montgomery
- State
- Texas
- Longitude
- -95.493967633355
- Latitude
- 30.319808639731
