16211 Fm 3083 Rd Conroe, TX 77302
$950,000
Excellent investment opportunity in growing East Montgomery County! This fully occupied 12-unit apartment complex sits on one unrestricted acre. Each unit offers one bedroom and one bathroom and is leased under a one-year agreement, with monthly rents ranging from $800 to $900. Property features include a new roof, fresh interior and exterior paint, and updated laminate flooring, onsite laundry area. Currently served by a private water well, the property is in the process of transitioning to public utility service. Conveniently located approximately eight miles from Highway 59/I-69, providing easy access to shopping, dining, employment centers, and surrounding communities while maintaining a quiet country setting. The property currently generates $9,750 in rental income. An excellent income-producing opportunity for investors!
Energy Efficient
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InteriorFloors:LaminateCooling:Central ElectricHeating:Central ElectricEnergy Feature:Attic Fan,Attic Vents,Ceiling Fans
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ExteriorRoof:CompositionExterior Type:Brick,Cement BoardLot Description:Cleared
Listed By:
Leslie Fernandez
Texas Ally Real Estate Group, LLC
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