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The Vintage at Lake Conroe 14010 Longstreet rd 3 Unit Apartment Building $790,000 ($263,333/Unit) 6.80% Cap Rate Willis, TX 77318
Investment Highlights
- New apartment complex of 60 buildings of 3 apartments per building (3plexes) located at feet distance of Lake Conroe.
- All 60 buildings will be located in a gated community! PRE-SELLING NOW !!!
- 8 buildings are completed and ready to move-in. We still have buildings available for sale from the phase 1 .
- These 3plexes are income properties where buyer can live in one and lease the other 2 or lease out all 3 apartments
- Each building features 3 apartments and each apartment has 3 comfortable bedrooms and 2.5 bathrooms. Total living area is +/- 1366 sf
- Download here a marketing flyer and/or contact the listing agent for additional informatios.
Executive Summary
New investment properties development for 60 buildings of 3 apartments per building (3Plex) that will be sold as individual buildings.
These 3plexes will be located in a gated community at minutes distance from Lake Conroe, new Willis ISD, I-45 and all major retail stores. Download a marketing flyer here that shows more detailed information including the listing prices per building.
These 3plexes will be located in a gated community at minutes distance from Lake Conroe, new Willis ISD, I-45 and all major retail stores. Download a marketing flyer here that shows more detailed information including the listing prices per building.
Property Facts
| Price | $790,000 | Building Class | B |
| Price Per Unit | $263,333 | Lot Size | 16.13 AC |
| Sale Type | Investment | Construction Status | Under Construction |
| Cap Rate | 6.80% | Building Size | 90,000 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2026 |
| Property Subtype | Apartment | Parking Ratio | 0.73/1,000 SF |
| Apartment Style | Single-Family Home | ||
| Zoning | D1 - Qualified Ag & Timber Land | ||
| Price | $790,000 |
| Price Per Unit | $263,333 |
| Sale Type | Investment |
| Cap Rate | 6.80% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | B |
| Lot Size | 16.13 AC |
| Construction Status | Under Construction |
| Building Size | 90,000 SF |
| No. Stories | 2 |
| Year Built | 2026 |
| Parking Ratio | 0.73/1,000 SF |
| Zoning | D1 - Qualified Ag & Timber Land |
Amenities
Unit Amenities
- Dishwasher
- Washer/Dryer Hookup
- Heating
- Granite Countertops
- Carpet
- Attic
- Deck
- Family Room
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Gated
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 180 | - | - |
1 1
Property Taxes
| Parcel Number | 0026-01-03111 | Improvements Assessment | $0 |
| Land Assessment | $3,738 | Total Assessment | $3,738 |
Property Taxes
Parcel Number
0026-01-03111
Land Assessment
$3,738
Improvements Assessment
$0
Total Assessment
$3,738
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Videos
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The Vintage at Lake Conroe | 14010 Longstreet rd
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