1404-1406 April Villas W

Conroe, TX 77356
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7,524 Sqft. ($233/Sqft.)
6,164 Lot Sqft
Multi-Family - Fourplex

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Description

Fantastic Opportunity for Investors. Two Fourplex’s in April Sound. One of the hottest gated communities on Lake Conroe. The Two Fourplex's are located on a low traffic cul-de-sac. Newly installed 30-year roofs on both buildings. Each building features four 2 Bedroom 2 Bath fully furnished units. The property has operated as a short term Corporate Rental business by owner since new. 5 of the 8 units have new Kitchen quartz counters, subway tile back splash, stainless steel appliances, fresh paint and Cabinet hardware. Well Maintained units have consistently produced a strong, steady, positive income. Each fourplex has 7 parking spaces with 3 garages. Only one tax bill, one insurance bill, and only one HOA & CC fee per building with eight doors of income. Very seldom do you find multifamily buildings for sale in April Sound. April Sound offers lake access with many amenities and is situated close to medical, shopping, restaurants with easy commute to major employers.

Documents
Floor Plans
MLS#
3117636
List Price
$1,750,000 ($233/Sqft.)
Listing Status
For Sale
Address
1404-1406 April Villas W
City
State
TX
Zip Code
Legal Description
APRIL SOUND 03, BLOCK 1, LOT 2-3
Property Type
Multi-Family - Fourplex
Stories
2
Building Size
7,524 Sqft/Appraisal District
Year Built
2005 /Appraisal District
Lot Size
6,164 Sqft./Appraisal District
Maintenance Fee
$255 / Quarterly
Key Map©
154D
Market Area

Exterior

Roof
Composition
Exterior Type
Cement Board
Lot Description
Cul-De-Sac, In Golf Course Community, Wooded
Parking
Garage Parking
Parking Unit
Two
Controlled Access
Manned Gate
Front Door Face
North

Interior

Countertop
Quartz/Laminate
Floors
Carpet, Laminate, Tile, Vinyl Plank
Cooling
Central Electric
Heating
Central Electric
Compactor
No
Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Energy Feature
Energy Star Appliances, Energy Star/CFL/LED Lights, Digital Program Thermostat

Lot information

Lot Size
6,164 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Financing Considered
Cash Sale, Conventional, FHA, Investor, VA
Other Fees
Yes / 86 / Social Membership
Maintenance Fee
Yes / $255 / Quarterly
Maint Fee Includes
Clubhouse,Limited Access Gates,On Site Guard,Courtesy Patrol,Recreational Facilities
Taxes w/o Exemp
$7,583/2022
Tax Rate
2.1665

Additional information

List Type
Exclusive Right to Sell/Lease
Unit Feature
Balcony,Carpets,Furnished,Patio,Window Coverings
Buyer Agent Compensation*
3%
Sub Agent Compensation*
0%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Loan Term
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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Noise factors

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Source

Houston Association of REALTORS
Source last updated Apr 28, 2024 at 07:27 PM
Listing last updated Apr 04, 2024 at 11:27 AM

1404-1406 April Villas W, Conroe, TX 77356. View photos, map, tax, nearby homes for sale, home values, school info...

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