Park Place Apartments | 429 Johnson St
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
thank you
Your email has been sent!
Park Place Apartments 429 Johnson St
24 Unit Apartment Building $1,635,300 CAD ($68,138 CAD/Unit) Longview, TX 75602
Executive Summary
24 unit multi-family available in Longview! Nearly 100% occupied. Over 15.5K monthly gross rents! 23 of 24 units have been renovated!. ***Two Brand New Roof's Just Installed*** New kitchen cabinets in most units, granite c-tops, SS appliances, new fixtures, moldings, flooring, too many to list! Exterior remodel includes painting, wood accents, windows, fencing, approximately 50% of the AC units replaced and much more! Owner has put over 400K into renovating the property! On-site remodeled Laundry room with new tenant pay-for-use machines! Extra revenue generator!! Rare opportunity to own a large multi-family property for under 1.2 million! *Owner is exiting this territory due to proximity from corporate office in Plano* Email Wclark@OmniKeyTexas.com with any questions or offers.
***Owner successfully protested property taxes and reduced them significantly increasing cash-flow by $900 a month***
***Owner successfully protested property taxes and reduced them significantly increasing cash-flow by $900 a month***
Property Facts
| Price | $1,635,300 CAD | Building Class | C |
| Price Per Unit | $68,138 CAD | Lot Size | 1.03 AC |
| Sale Type | Investment | Building Size | 20,030 SF |
| No. Units | 24 | Average Occupancy | 87% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1974/2021 |
| Apartment Style | Low Rise |
| Price | $1,635,300 CAD |
| Price Per Unit | $68,138 CAD |
| Sale Type | Investment |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 1.03 AC |
| Building Size | 20,030 SF |
| Average Occupancy | 87% |
| No. Stories | 2 |
| Year Built/Renovated | 1974/2021 |
Unit Amenities
- Heating
Site Amenities
- Laundry Facilities
- Security System
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | $924.30 CAD | 611 |
| 2+1 | 8 | $1,102 CAD | 839 |
PROPERTY TAXES
| Parcel Number | 64183 | Improvements Assessment | $1,457,202 CAD |
| Land Assessment | $10,333 CAD | Total Assessment | $1,467,535 CAD |
PROPERTY TAXES
Parcel Number
64183
Land Assessment
$10,333 CAD
Improvements Assessment
$1,457,202 CAD
Total Assessment
$1,467,535 CAD
zoning
| Zoning Code | Residential (Residential) |
| Residential (Residential) |
1 of 32
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Park Place Apartments | 429 Johnson St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.