😍 Just Listed | High-Yield 24-Unit Investment Opportunity in Longview! 😍
📍 429 Johnson St, Longview, TX 75602
🏢 Well-Maintained, Income-Producing 24-Unit Apartment Complex
Own a high-performing 24-unit apartment complex in a prime South Longview location near LeTourneau University, I-20, and major employers. This well-maintained asset features a versatile mix of eight 2BR/1BA and sixteen 1BR/1BA units, catering to a broad tenant base and consistently operating at 100% occupancy.
The property is designed for investor efficiency, generating over $59,000 in annual profit with additional upside potential. Nearly every unit has been renovated, and major capital improvements like roof replacements are already complete. Tenants pay their own electricity, while a RUBS system covers shared water and trash costs. Additional income is provided by an on-site laundry facility, which includes a flex-space that could easily be converted into a leasing office or fitness center.
Schedule your showing today! 📲 903-483-4135
