1000 April Sound Blvd, Conroe, TX 77356
- $1,500,000
- 2
- BD
- 2
- BA
- 24,959
- SqFt
- List Price
- $1,500,000
- Status
- PENDING
- MLS#
- 77721582
- Price Change
- ▼ $375,000 1778016819
- Days on Market
- 74
- Year Built
- 1980
- Bedrooms
- 2
- Bathrooms
- 2
- Full-baths
- 2
- Living Area
- 24,959
- Lot Size
- 46,992
- Lot Size Source
- Other
- Subdivision
- April Sound
- Region
- 39
- Market Area
- Lake Conroe Area
- County
- Montgomery
Property Description
One of the only investor-controlled rental assets on Lake Conroe located next to April Sound Golf & Country Club! A prestigious, 24-hour manned-gated community. This type of opportunity almost never comes to market. 1 of 2 12 Units buildings | @24959 SF ea | @ 2 Acres | Spacious 2BD Units Up to 1,596 SF | near identical building for sale additionally next door with an additional 12 units, with large floor plans featuring balconies, fireplaces, lake views, and unit sizes that command premium rents post-renovation. With strong cash flow potential and a low vacancy rate in area, there is a clear path for rent growth through renovations. Investors will appreciate the multiple exit strategies available, including stabilization and refinancing or the potential for individual unit sell-off. This is an exceptional opportunity for investors seeking value-add potential in a supply-constrained market. Excellent STR potential as well. Schedule your appointment today to explore this unique asset!
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Additional Information
- Finance Available
- Cash, Conventional, Investor Financing
- Taxes
- $82,737
- View
- Lake, Water
- Neighborhood
- April Sound
- Interior Features
- Balcony, Fireplace(s), Laminate Counters
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Stories
- 2
- Utilities
- Cable Available, Electricity Available, Water Available
- Lot Description
- Golf, Views
- Appliances
- Dishwasher, Disposal
- Roof
- Composition
- School District
- Montgomery
- Elementary School
- Stewart Creek Elementary School
- Middle School
- Oak Hill Junior High School
- High School
- Lake Creek High School
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Listing courtesy of Keller Williams Realty The Woodlands.