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1404 April Villas
Montgomery, TX 77356
Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Located in highly desirable neighborhood
- Fully furnished units- refrigerator, washer & dryer, window coverings, cookware, dinnerware, linens, TV, beds, dressers
- Meticulously maintained
EXECUTIVE SUMMARY
Rare Opportunity! Fourplex in one of the hottest neighborhoods on Lake Conroe the Community of April Sound and situated on a low traffic cul-de-sac. Features 2 Bedroom, 2 Bath units fully furnished and has been rented as “Medical Rehab/Senior Living/Vacation and/or Corporate Rentals since 2005. These meticulously maintained units have produced a strong, steady, positive cashflow. The fourplex features 7 parking spaces. One tax bill, one insurance bill, and only one HOA & CC fee, with Four units of income. It is very hard to find these units for sale, especially within April Sound. Call your agent to schedule an appointment to see. April Sound offers lake access with many amenities and is situated close to Medical, shopping, with easy commute to major employers.
PROPERTY FACTS
| No. Units | 4 | Average Occupancy | 90% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 2005/2020 |
| Apartment Style | Low-Rise | Parking Ratio | 2.11/1,000 SF |
| Lot Size | 0.14 AC | APN / Parcel ID | 2150-03-00100 |
| Building Size | 3,800 SF | ||
| Zoning | 3 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.14 AC |
| Building Size | 3,800 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built/Renovated | 2005/2020 |
| Parking Ratio | 2.11/1,000 SF |
| APN / Parcel ID | 2150-03-00100 |
| Zoning | 3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Stainless Steel Appliances
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Dining Room
- Family Room
- Pantry
- Patio
- Window Coverings
SITE AMENITIES
- Clubhouse
- Courtyard
- Fitness Center
- Pool
- Tennis Court
- Gated
- Furnished Units Available
- Lake Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 4 | $1,850 | 940 |
