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The Vintage at Lake Conroe 14010 Longstreet rd 3 Unit Apartment Building $1,102,208 CAD ($367,403 CAD/Unit) 6.80% Cap Rate Willis, TX 77318
INVESTMENT HIGHLIGHTS
- New apartment complex of 60 buildings of 3 apartments per building (3plexes) located a feet distance of Lake Conroe.
- All 60 buildings will be located in a gated community! Pre-selling now. As of May of 2025 we have 10 buildings under contract.
- First 7 buildings will be complete by the end of 2025 and there will be 1 or 2 every month moving forward.
- These 3plexes are income properties where buyer can live in one and lease the other 2 or lease out all 3 apartments
- Each building features 3 apartments and each apartment has 3 comfortable bedrooms and 2.5 bathrooms. Total living area is +/- 1366 sf
- Download here a marketing flyer and/or contact the listing agent for additional informatios.
EXECUTIVE SUMMARY
New investment properties development for 60 buildings of 3 apartments per building (3Plex) that will be sold as individual buildings.
These 3plexes will be located in a gated community at minutes distance from Lake Conroe, new Willis ISD, I-45 and all major retail stores. Download a marketing flyer here that shows more detailed information including the listing prices per building.
These 3plexes will be located in a gated community at minutes distance from Lake Conroe, new Willis ISD, I-45 and all major retail stores. Download a marketing flyer here that shows more detailed information including the listing prices per building.
PROPERTY FACTS
| Price | $1,102,208 CAD | Building Class | B |
| Price Per Unit | $367,403 CAD | Lot Size | 16.13 AC |
| Sale Type | Investment | Construction Status | Under Construction |
| Cap Rate | 6.80% | Building Size | 90,000 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2025 |
| Property Subtype | Apartment | Parking Ratio | 0.73/1,000 SF |
| Apartment Style | Single-Family Home | ||
| Zoning | D1 - Qualified Ag & Timber Land | ||
| Price | $1,102,208 CAD |
| Price Per Unit | $367,403 CAD |
| Sale Type | Investment |
| Cap Rate | 6.80% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | B |
| Lot Size | 16.13 AC |
| Construction Status | Under Construction |
| Building Size | 90,000 SF |
| No. Stories | 2 |
| Year Built | 2025 |
| Parking Ratio | 0.73/1,000 SF |
| Zoning | D1 - Qualified Ag & Timber Land |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Washer/Dryer Hookup
- Heating
- Granite Countertops
- Carpet
- Attic
- Deck
- Family Room
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Gated
- Public Transportation
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2.5 | 180 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 0026-01-03111 | Improvements Assessment | $0 CAD |
| Land Assessment | $5,215 CAD | Total Assessment | $5,215 CAD |
PROPERTY TAXES
Parcel Number
0026-01-03111
Land Assessment
$5,215 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,215 CAD
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The Vintage at Lake Conroe | 14010 Longstreet rd
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