5518 W Loop 281 | Longview, TX 75602
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This Multifamily Property is no longer advertised on LoopNet.com.
5518 W Loop 281
Longview, TX 75602
Townhouse South Apartments · Multifamily Property For Sale · 89 Units
Investment Highlights
- The property is located just a mile north of Interstate 20 off of Loop 281, a major thoroughfare in the Longview MSA.
- Ability to increase rents to market levels through interior value-add program.
- Currently 90 percent occupied, the property is below the market occupancy rate of 94.3 percent, allowing for potential increased rental income.
- Multifamily rents in the Longview market have increased 12.2 percent year-over-year.
PROPERTY FACTS
No. Units | 89 | Lot Size | 6.10 AC |
Property Type | Multifamily | Building Size | 67,407 SF |
Property Subtype | Apartment | Average Occupancy | 90% |
Apartment Style | Garden | No. Stories | 1 |
Building Class | C | Year Built | 1962 |
No. Units | 89 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Garden |
Building Class | C |
Lot Size | 6.10 AC |
Building Size | 67,407 SF |
Average Occupancy | 90% |
No. Stories | 1 |
Year Built | 1962 |
Unit Amenities
- Air Conditioning
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
Site Amenities
- 24 Hour Access
- Courtyard
- Picnic Area
- Playground
- Pool
- Property Manager on Site
- Maintenance on site
- Public Transportation
Links
PROPERTY TAXES
Parcel Number | 43842 | Improvements Assessment | $4,276,620 |
Land Assessment | $53,190 | Total Assessment | $4,329,810 |
PROPERTY TAXES
Parcel Number
43842
Land Assessment
$53,190
Improvements Assessment
$4,276,620
Total Assessment
$4,329,810
Learn More About Investing in Apartment Buildings
Listing ID: 26149875
Date on Market: 7/12/2022
Last Updated:
Address: 5518 W Loop 281, Longview, TX 75602
The Multifamily Property at 5518 W Loop 281, Longview, TX 75602 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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