This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
2114 E Marshall Ave
Longview, TX 75601
The Timbers · Multifamily Property For Sale
·
40 Units
INVESTMENT HIGHLIGHTS
- Desirable Hwy 80 location
- On-site maintenance and leasing
- Historically high occupancy
- Recently remodeled - new boiler, roof, and updated laundry room
PROPERTY FACTS
| No. Units | 40 | Building Size | 50,562 SF |
| Property Type | Multifamily | Average Occupancy | 87% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1971/1980 |
| Building Class | C | Parking Ratio | 1.52/1,000 SF |
| Lot Size | 1.92 AC | ||
| Zoning | Commercial | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.92 AC |
| Building Size | 50,562 SF |
| Average Occupancy | 87% |
| No. Stories | 2 |
| Year Built/Renovated | 1971/1980 |
| Parking Ratio | 1.52/1,000 SF |
| Zoning | Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Patio
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Maintenance on site
ABOUT 2114 E MARSHALL AVE , LONGVIEW, TX 75601
Exclusively listed for sale by Patterson Commercial Property Group, in conjunction with NWP Management and Brokerage, this 40-unit, 2-story apartment community offers a rare investment opportunity in a strong market in beautiful Longview, Texas. Nestled amongst beautiful East Texas pines, The Timbers Apartments features a diverse unit mix: 4-three bedroom units, 16-two bedroom units, 14-one bedroom units, and 6 efficiencies. Built in 1971, the current owner has completed extensive improvements on the property including new roofs, new boiler system, updated paint, and remodled laundry room. The Timbers Apartments has a historiclally high occupancy due to its location off of E. Marshall (Hwy 80) in Longview and the strong demand for housing in this particular corridor as it is situated less than two miles from the Hospital District. All utilities are paid by the Landlord and reimbursed by Tenants.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 20 | - | 490 - 690 |
| 2+2 | 16 | - | 990 |
| 3+2 | 4 | - | 1,120 |
PROPERTY TAXES
| Parcel Number | 34613 | Improvements Assessment | $2,320,200 |
| Land Assessment | $98,620 | Total Assessment | $2,418,820 |
PROPERTY TAXES
