This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
13165 Snow Ln
Willis, TX 77318
Multifamily Property For Sale · 12 Units
Investment Highlights
- 12 units in place with attractive NOI, up to 88 additional units
- 4.29acres on Lake Conroe, prime location
- infrastructure in place for additional unit multi family development
Executive Summary
a rare and lucrative investment opportunity nestled along the serene shores of Lake Conroe. Welcome to Presidential Shores, an exquisite waterfront condo community poised for both immediate cash flow and exponential future growth. Striking Financials & Immediate Cash Flow: In-Place NOI: A robust over $171,000, generated from 12 existing units. Each unit: 1,200 sq ft featuring 2 bedrooms and 2 baths, skillfully designed with an open, modern floor plan. Properties crafted in 2015, endowed with luxury finishes including granite countertops in kitchens and baths, custom cabinetry, and elegant tile flooring. Unparalleled Expansion Potential: Plans for the development of 88 additional units, promising a remarkable scaling opportunity. Infrastructure meticulously laid with water, sewer, and utilities; coupled with graded, engineered building pads already in place to significantly lower future development costs. Enchanting Location: Merely 4 miles from I-45, situating you conveniently close to The Woodlands and a wealth of amenities at Lake Conroe and Willis – restaurants, shopping, hospitals, and more, all at your doorstep. Enjoy a sprawling 4.29 total acres of prime lakefront property on Lake Conroe, ensuring a perpetual allure for prospective residents and investors alike. Features Tailored for Luxury & Convenience: Gated lakefront development assures a secure and tranquil environment. Two expansive parking lots to facilitate ample parking. Established grading and drainage systems. Private docks, welcoming boaters and jet-ski enthusiasts alike. Stellar Units & Community: Executive condos grant residents direct access to Lake Conroe's myriad recreational opportunities. Large rooms, designed with attention to detail and an aesthetic that parallels the natural beauty outside. All utilities are in place, ensuring seamless living and operational continuity. Investment Made Easier: Seller financing available, accommodating financial pathway for your investment. Enjoy no MUD tax and unrestricted use, enabling greater flexibility in your investment and operational strategy. Indulge in the perfect blend of immediate profitability and long-term growth, with Presidential Shores’s existing units and the boundless potential awaiting in its future expansions. A community where luxury, nature, and financial acumen converge, creating a harmonious living and investment space.
PROPERTY FACTS
No. Units | 12 | Building Size | 12,564 SF |
Property Type | Multifamily | Average Occupancy | 100% |
Property Subtype | Apartment | No. Stories | 2 |
Apartment Style | Low Rise | Year Built | 2015 |
Building Class | B | Parking Ratio | 0.16/1,000 SF |
Lot Size | 4.29 AC | APN / Parcel ID | 0042-01-03201 |
No. Units | 12 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | B |
Lot Size | 4.29 AC |
Building Size | 12,564 SF |
Average Occupancy | 100% |
No. Stories | 2 |
Year Built | 2015 |
Parking Ratio | 0.16/1,000 SF |
APN / Parcel ID | 0042-01-03201 |
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
2+2 | 12 | $2,000 | 12 |
Amenities
Unit Amenities
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Ceiling Fans
- Tile Floors
- Crown Molding
- Kitchen
- Refrigerator
- Tub/Shower
- Carpet
- Dining Room
- Pantry
Site Amenities
- Controlled Access
- Fenced Lot
- Waterfront
- Gated
- Dock
- Lake Access
- Sundeck
zoning
Zoning Code | N/A |
N/A |
Learn More About Investing in Apartment Buildings
Listing ID: 29736480
Date on Market: 10/7/2023
Last Updated:
Address: 13165 Snow Ln, Willis, TX 77318
The Multifamily Property at 13165 Snow Ln, Willis, TX 77318 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.