16211 Fm 3083 Road

Conroe, TX 77302

About this property

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. An excellent income-producing opportunity for investors!

About this property

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. An excellent income-producing opportunity for investors!

Features and Additional Information

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$960,000 Active
2,232 sqft

Presented By Coldwell Banker Commercial Gateway

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Get in touch today! Phone: 1-956-937-2930
Brokerage
Texas Ally Real Estate Group, LLC
1-512-763-2559
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Area Information

| Montgomery County | Colista E Granger

$ 960,000
This listing is play_arrow 99.8% higher than the average in the area
$ 480,425 in the area
2,232 SqFt
This listing is play_arrow 54.9% larger than the average in the area
1,441 SqFt in the area
$ 430 $/SqFt
This listing is play_arrow 99.4% more than the average in the area
$ 216 $/SqFt in the area
7 days on site
This listing is play_arrow 87.4% below the average in the area
56 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By Leslie Fernandez
Brokerage: Texas Ally Real Estate Group, LLC

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