1224 S High St | Longview, TX 75602
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- LoopNet Team
1224 S High St
Longview, TX 75602
Willow Creek Apartments · Multifamily Property For Sale
·
39 Units
INVESTMENT HIGHLIGHTS
- Just 100 miles from the DFW Metroplex
- Part of the highly popular wooded East Texas market
- For a qualified buyer, ownership is offering to prepay 3 years of estimated property taxes, in an escrow account.
- Situated within the combined markets of Tyler and Longview
- Positioned in a key economic driver for the region
- Property is currently operating at capacity with waiting list, which merits rental increase consideration.
PROPERTY FACTS
| No. Units | 39 | Building Size | 35,000 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1955/2023 |
| Building Class | B | Parking Ratio | 1/1,000 SF |
| Lot Size | 1.12 AC | ||
| Zoning | MF - Multi-family | ||
| No. Units | 39 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.12 AC |
| Building Size | 35,000 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built/Renovated | 1955/2023 |
| Parking Ratio | 1/1,000 SF |
| Zoning | MF - Multi-family |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Dishwasher
- Heating
- Kitchen
- Oven
- Tub/Shower
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Property Manager on Site
- Grill
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 21 | - | 750 |
| 2+1 | 18 | - | 1,000 |
PROPERTY TAXES
| Parcel Number | 20458 | Improvements Assessment | $1,951,270 |
| Land Assessment | $48,730 | Total Assessment | $2,000,000 |
PROPERTY TAXES
Parcel Number
20458
Land Assessment
$48,730
Improvements Assessment
$1,951,270
Total Assessment
$2,000,000
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