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$925,000

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! Low maintenance property with a motivated seller. Bring your offers! Pris is negotiable.

31930999 MLS

16211 Fm 3083rd Rd, Conroe