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Sweetwater Condominiums 1000 April Sound Blvd 24 Unit Apartment Building For Sale Montgomery, TX 77356
Investment Highlights
- 24Unit Value Add Inside Gated April Sound – Rare multifamily control in a prestigious, manned gated Lake Conroe community.
- Experienced Operator Opportunity – This opportunity is best suited for principals with direct experience in multifamily repositioning, capital
- Multiple Exit Strategies – Stabilize and refinance, hold for appreciation, or explore individual unit selloff potential.
- Supply Constrained Waterfront Market – Limited competing inventory within gated communities supports long term pricing power.
- Clear Path to Stabilization & Rent Growth – Renovation driven upside with defined lease up strategy and operational lift.
Executive Summary
This is a rare opportunity to acquire a waterfront commercial investment property on Lake Conroe, located inside the prestigious April Sound Golf & Country Club community at 1000 April Sound Blvd, Montgomery, Texas.
The property consists of two multi-tenant buildings totaling 24 units (12 units per building) situated within a manned, gated community—an extremely uncommon feature for commercial property on Lake Conroe. The location offers strong visibility, high-income demographics, and limited competing inventory in a secure waterfront environment.
With the right repositioning strategy, this asset presents significant value-add potential through renovations, operational improvements, and lease-up opportunities. Investors can capitalize on the supply-constrained waterfront market while benefiting from the prestige and built-in demand associated with April Sound.
Positioned near the April Sound Golf & Country Club, the property enjoys access to a steady base of residents, visitors, and high-end lakefront homeowners—making it an attractive location for service businesses, boutique retail, or professional offices.
Access the Deal Room:
Financials, rent roll, documents, and due diligence materials are available in the secure deal room: https://rem.ax/AprilSoundDealRoom
Why This Location Works
• Inside April Sound Gated Community – Located within the prestigious April Sound Golf & Country Club on Lake Conroe.
• Strong Local Demographics – Surrounded by established residential neighborhoods and waterfront homes.
• Limited Waterfront Commercial Supply – Few commercial properties exist inside gated lake communities.
• Tourism & Recreation Area – Lake Conroe attracts steady visitors for boating, golf, and lake activities.
• Growing Montgomery County Market – Continued population and housing growth supports long-term demand.
Approximate Drive Times
• 2–3 minutes to TX-105
• 8–10 minutes to Downtown Montgomery
• 15 minutes to I-45
• 20 minutes to The Woodlands
• 25 minutes to Conroe
• 45 minutes to Downtown Houston
The property consists of two multi-tenant buildings totaling 24 units (12 units per building) situated within a manned, gated community—an extremely uncommon feature for commercial property on Lake Conroe. The location offers strong visibility, high-income demographics, and limited competing inventory in a secure waterfront environment.
With the right repositioning strategy, this asset presents significant value-add potential through renovations, operational improvements, and lease-up opportunities. Investors can capitalize on the supply-constrained waterfront market while benefiting from the prestige and built-in demand associated with April Sound.
Positioned near the April Sound Golf & Country Club, the property enjoys access to a steady base of residents, visitors, and high-end lakefront homeowners—making it an attractive location for service businesses, boutique retail, or professional offices.
Access the Deal Room:
Financials, rent roll, documents, and due diligence materials are available in the secure deal room: https://rem.ax/AprilSoundDealRoom
Why This Location Works
• Inside April Sound Gated Community – Located within the prestigious April Sound Golf & Country Club on Lake Conroe.
• Strong Local Demographics – Surrounded by established residential neighborhoods and waterfront homes.
• Limited Waterfront Commercial Supply – Few commercial properties exist inside gated lake communities.
• Tourism & Recreation Area – Lake Conroe attracts steady visitors for boating, golf, and lake activities.
• Growing Montgomery County Market – Continued population and housing growth supports long-term demand.
Approximate Drive Times
• 2–3 minutes to TX-105
• 8–10 minutes to Downtown Montgomery
• 15 minutes to I-45
• 20 minutes to The Woodlands
• 25 minutes to Conroe
• 45 minutes to Downtown Houston
Property Facts
| Sale Type | Investment | Building Class | C |
| No. Units | 24 | Lot Size | 3.00 AC |
| Property Type | Multifamily | Building Size | 49,918 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1980 |
| Zoning | 3 | ||
| Sale Type | Investment |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 3.00 AC |
| Building Size | 49,918 SF |
| No. Stories | 3 |
| Year Built | 1980 |
| Zoning | 3 |
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Property Taxes
| Parcel Number | 2147-00-00100 | Improvements Assessment | $327,219 CAD |
| Land Assessment | $47,565 CAD | Total Assessment | $374,784 CAD |
Property Taxes
Parcel Number
2147-00-00100
Land Assessment
$47,565 CAD
Improvements Assessment
$327,219 CAD
Total Assessment
$374,784 CAD
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Sweetwater Condominiums | 1000 April Sound Blvd
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