1000 April Sound Boulevard,Conroe, TX 77356
Conroe, TX 77356
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!
Details
| MLS # | 77721582 |
|---|---|
| Listing Type | For Sale |
| HOA Dues | $26,165 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1980 |
| Days On Site | 160 |
| Listing Provided By | Keller Williams Realty The Woodlands | Jeremy Larkin |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 24,959 |
| Story(s) | 2 |
| Units | 12 |
| Acreage | 46992.00 |
| Golf Course | Yes |
| Water Front | Yes |
| Property View | Yes |
Exterior
| Lot Features | Near Golf Course, Views |
|---|
Taxes
| Tax Annual Amount | 82737 |
|---|
Location
| Community Features | Golf |
|---|
Area Information
| State | TX |
|---|---|
| County | Montgomery |
| City | Conroe |
| Zip Code | 77356 |
| Area | 39 |
| Subarea | Lake Conroe Area |
| Community Name | April Sound |
| Listing VS Median (in April Sound) | |
Price: $1,500,000 low | high Med: $339,950 sqft: 24,959 low | high Med: 2,042 $ / sqft: $60 low | high Med: $177 On site: 160 low | high Med: 16 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Montgomery |
| City | Conroe |
| Zip Code | 77356 |
| Area | 39 |
| Subarea | Lake Conroe Area |
| Community Name | April Sound |
| Listing VS Median (in April Sound) | |
Price: $1,500,000 low | high Med: $339,950 sqft: 24,959 low | high Med: 2,042 $ / sqft: $60 low | high Med: $177 On site: 160 low | high Med: 16 | |
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Land & Ranch 210.483.7500 | Bandera 830.850.6700 | Global Luxury 210.483.5700 | Coldwell Banker Commercial Alamo City 210.483.6250
North Central San Antonio / Stone Oak 210.483.7070 | Harper Property Management 210.483.7040 | Relocation Services 210.483.7121
North West San Antonio 210.483.0000 | Laredo 956.722.4822 | Coldwell Banker Commercial International Gateway 956.937.2867
