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104 Longstreet Rd
Willis, TX 77378
Longstreet Fourplex | Seller Financing Avail · Multifamily Property For Sale
·
4 Units
Investment Highlights
- Turnkey income: Fully leased 4-unit (all 2BR/2BA) with long-term tenants; ~$62,400/yr gross.
- Attractive owner financing: 30-yr amort with 5yr balloon options expands options during rent and site improvements while building equity.
- 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.
Property Facts
| No. Units | 4 | Building Size | 2,280 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Single-Family Home | Year Built | 2008 |
| Building Class | C | Parking Ratio | 1.25/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | 4 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 2,280 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2008 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | 4 |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Carpet
- Wheelchair Accessible (Rooms)
- Large Bedrooms
Site Amenities
- Courtyard
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 4 | $1,300 | 570 |
Property Taxes
| Parcel Number | 8520-01-00800 | Improvements Assessment | $196,052 |
| Land Assessment | $27,948 | Total Assessment | $224,000 |
Property Taxes
Parcel Number
8520-01-00800
Land Assessment
$27,948
Improvements Assessment
$196,052
Total Assessment
$224,000
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