1000 April Sound Blvd, Conroe, TX 77356
- $1,500,000
- 2
- BD
- 2
- BA
- 24,959
- SqFt
- List Price
- $1,500,000
- Price Change
- ▼ $375,000 1778016819
- MLS#
- 77721582
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 1980
- Bedrooms
- 2
- Bathrooms
- 2
- Living Area
- 24,959
- County
- Montgomery
- Area
- 39
- City
- Conroe
- Subdivision
- April Sound
Property Description
One of the only investor-controlled rental assets on Lake Conroe located next to April Sound Golf & Country Club! A prestigious, 24-hour manned-gated community. This type of opportunity almost never comes to market. 1 of 2 12 Units buildings | @24959 SF ea | @ 2 Acres | Spacious 2BD Units Up to 1,596 SF | near identical building for sale additionally next door with an additional 12 units, with large floor plans featuring balconies, fireplaces, lake views, and unit sizes that command premium rents post-renovation. With strong cash flow potential and a low vacancy rate in area, there is a clear path for rent growth through renovations. Investors will appreciate the multiple exit strategies available, including stabilization and refinancing or the potential for individual unit sell-off. This is an exceptional opportunity for investors seeking value-add potential in a supply-constrained market. Excellent STR potential as well. Schedule your appointment today to explore this unique asset!
Additional Information
- Unexempt Taxes
- $82,737
- Lot Size
- 46,992
- Lot Description
- Golf, Views
- Interior Features
- Balcony, Fireplace(s), Laminate Counters
- Flooring
- Laminate, Tile, Carpet
- Roof
- Composition
- Stories
- 2
- School District
- Montgomery
- Elementary School
- Stewart Creek Elementary School
- Middle School
- Oak Hill Junior High School
- High School
- Lake Creek High School
- Community Features
- Golf
Mortgage Calculator
Listing courtesy of Jeremy Larkin from Keller Williams Realty The Woodlands. Contact: