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104 Longstreet Rd
Willis, TX 77378

$775,000 USD

Apartments For Sale  •  2,280 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,280 SF
  • Lot Size 0.16 AC
  • Year Built 2008
0 Transit Score
31 Walk Score

Highlights

Turnkey income: Fully leased 4-unit (all 2BR/2BA) with long-term tenants; ~$62,400/yr gross.
Strong, flexible play: ~7.1% cap at $775K; live-in-one-and-rent-the-rest or hold for cash flow near I-45/Lake Conroe.
Attractive owner financing: 30-yr amort with 5yr balloon options expands options during rent and site improvements while building equity.

Amenities

  • Air Conditioning
  • Courtyard
  • Dishwasher
  • Disposal
  • Fenced Lot
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Carpet
  • Wheelchair Accessible (Rooms)
  • Large Bedrooms
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
George Bush Intcntl/Houston 50 min - 40.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes
Lance Hightower 832-722-7442 Compass Real Estate
Lance Hightower 832-722-7442 Compass Real Estate