214 Longstreet Rd

214 Longstreet Apartments presents an excellent opportunity to acquire a partially renovated 16-unit multifamily property with immediate income and remaining upside. The property has undergone extensive exterior and interior improvements, positioning a new owner to benefit from completed capital upgrades while continuing to increase value through the remaining units.

The exterior has been fully refreshed with new paint and durable Hardie plank siding, giving the property strong curb appeal and long-term durability. Electrical systems have been upgraded with new electrical lines and fixtures installed at each unit. The roof was replaced in 2013 by the previous owner.

Interior renovations have been completed on 8 units, which feature modern upgrades including new kitchen cabinetry, updated flooring (tile or carpet), fresh paint, and new appliances including washers, dryers, stoves, and refrigerators. Many of the renovated units also include new HVAC systems, enhancing tenant comfort and reducing future maintenance.

The remaining units are currently in good condition, providing an investor the opportunity to continue renovating and capturing additional rental upside over time.

This property represents a well-balanced investment opportunity with stabilized income from renovated units and additional value-add potential through future upgrades.

Property Details

Price

3,200,000

Lot Size

N/A

Type

Multi-Family

Category

For Sale

Sub Type

Residential

Type

Multi-Family

Investment Highlights

  • 16-Unit multifamily property with significant renovations already completed
  • 8 fully renovated units featuring updated interiors and appliances
  • Exterior fully upgraded with new paint and Hardie plank siding
  • New electrical lines and fixtures installed for each unit
  • Roof replaced in 2013 by previous owner
  • Renovated units include new washers, dryers, stoves, and refrigerators
  • New kitchen cabinetry, updated flooring (tile/carpet), and fresh paint
  • Many renovated units include new HVAC systems
  • Remaining units are in good condition with upside potential
  • Strong opportunity for continued value-add and rent growth

Agents

 

Farid Chatur

License #: 599697

Phone #: 832-282-0224

Location

Address

214 Longstreet Rd

City

Willis

State

Texas

Zip Code

77378

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