713-252-0907
379 FM 3083 Rd, Conroe, TX for Sale
Apartments - FOR SALE
1/4
null | Request Cap Rate

379 FM 3083 Rd
Conroe, TX 77301


HIGHLIGHTS

  • 26% POPULATION GROWTH
  • 93K CURRENT POPULATION
  • $133K AVERAGE HHI

OVERVIEW

Rare opportunity to acquire a stable, cash-flowing asset with future redevelopment potential. This 2-acre site features 8 multi-family units across three buildings, including (6) one-bedroom units, (2) two-bedroom units, and (1) fourbedroom house. Currently 100% leased, the development generates approximately $60,000 in annual gross rental income. Ideally located with FM 3083 frontage, the site is situated on a major road near Hwy 105 and Loop 336, surrounded by several large residential developments under construction.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

9

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shady Acres Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

N/A

APN/PARCEL ID

0539-01-05400

ASK ABOUT THIS PROPERTY

Glenn DickersonNewQuest PropertiesMore Info
713-252-0907

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Glenn DickersonNewQuest PropertiesMore Info
713-252-0907

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