1224 S High St - Apartments FOR SALE


Longview, TX 75602
$1,200,000 USD
903-570-7366
1224 S High St, Longview, TX for Sale
$1,200,000 USD
Apartments - FOR SALE
1/9
null | 6.6% Cap Rate

1224 S High St
Longview, TX 75602


HIGHLIGHTS

  • Nearby Lakeport offers recreational activities for all ages
  • Retail and dining options can be found at Longview Towne Crossing and Longview Mall
  • The location's close proximity to major employers and educational institutions, such as East Texas Baptist University and LeTourneau University
  • Value-add upside for multi-family investors
  • New management as of June 1, 2026

OVERVIEW

This 48,787 SF multifamily property comprises 39 units and represents a valueadd investment opportunity in East Texas. The asset has yet to reach its income potential, currently generating nearly $15,000 in monthly income. Its below market occupancy provides a defined path for targeted lease-up and subsequent increased revenue. The property benefits from a Longview location with convenient access to retail, dining, recreation, and higher education, factors that support resident demand for multifamily housing in the immediate area. Strategically located on High Street, more than 10,000 vehicles per day pass through this highly-visible and accessible area.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$34 USD /SF

# OF UNITS

39

PRICE/UNIT

$30,769

CAP RATE

6.6%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Willow Creek Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

MF

APN/PARCEL ID

20458

ASK ABOUT THIS PROPERTY

Samuel Scarborough CCIMScarborough Commercial Real EstateMore Info
903-570-7366

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Samuel Scarborough CCIMScarborough Commercial Real EstateMore Info
903-570-7366

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.