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Four plex 209 E Sycamore Ln 4 Unit Apartment Building $460,000 ($115,000/Unit) 7.30% Cap Rate Longview, TX 75604
INVESTMENT HIGHLIGHTS
- Centrally located in Longview’s active commercial corridor
- Surrounded by stable residential neighborhoods and local retail
- Quick access to Loop 281 and Highway 80 for regional reach
- Positioned in a business-friendly East Texas market
EXECUTIVE SUMMARY
Building with four apartments in culdesac of four-plexes, close to Pine Tree schools. Three apartments renovated in last two years and building recently painted. This is a well-maintained and updated building. For sale by owner, but buyers agents get 2% commission.
PROPERTY FACTS
| Price | $460,000 | Property Subtype | Apartment |
| Price Per Unit | $115,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.45 AC |
| Cap Rate | 7.30% | Building Size | 3,011 SF |
| Sale Condition | 1031 Exchange | No. Stories | 1 |
| No. Units | 4 | Year Built/Renovated | 1982/2024 |
| Property Type | Multifamily | ||
| Zoning | MF - Multi-Family | ||
| Price | $460,000 |
| Price Per Unit | $115,000 |
| Sale Type | Investment |
| Cap Rate | 7.30% |
| Sale Condition | 1031 Exchange |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 3,011 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1982/2024 |
| Zoning | MF - Multi-Family |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Ceiling Fans
- Eat-in Kitchen
- Range
- Porch
- Vinyl Flooring
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PROPERTY TAXES
| Parcel Number | 72220 | Improvements Assessment | $236,060 |
| Land Assessment | $17,090 | Total Assessment | $253,150 |
PROPERTY TAXES
Parcel Number
72220
Land Assessment
$17,090
Improvements Assessment
$236,060
Total Assessment
$253,150
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Presented by
Reese Norman
Four plex | 209 E Sycamore Ln
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