16211 Fm 3083rd Rd, Conroe, TX 77302
- $925,000
- 2,232
- SqFt
- List Price
- $925,000
- Price Change
- ▼ $25,000 1788160390
- MLS#
- 31930999
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 1977
- Living Area
- 2,232
- County
- Montgomery
- City
- Conroe
- Subdivision
- Colista E Granger
Property Description
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! Low maintenance property with a motivated seller. Bring your offers! Pris is negotiable.
Additional Information
- Unexempt Taxes
- $9,669
- Lot Size
- 43,560
- Lot Description
- Cleared
- Interior Features
- Ceiling Fans
- Flooring
- Laminate
- Roof
- Composition
- Stories
- 1
- School District
- Conroe
- Elementary School
- Milam Elementary School (Conroe)
- Middle School
- Moorhead Junior High School
- High School
- Caney Creek High School
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Listing courtesy of Leslie Fernandez from Texas Ally Real Estate Group, LLC. Contact: