17578 Highway 105 - Hospitality CONDO FOR SALE


Montgomery, TX 77356
$10,000,000 USD
936-672-2087
17578 Highway 105, Montgomery, TX for Sale
$10,000,000 USD
Hospitality CONDO - FOR SALE
1/18
null | Request Cap Rate

17578 Highway 105
Montgomery, TX 77356


HIGHLIGHTS

  • Fronts Highway 105!
  • Panoramic Lake Conroe Views!
  • Lots of Parking!
  • Close to Town/Shopping!

OVERVIEW

50,579 SF of Townhomes on 2.32 Acres with Lake Conroe Views on Highway 105 W! There are 6 Buildings in total! Gated entrance, fully fenced around the entire property, large swimming pool with clubhouse, tons of parking, all overlooking Lake Conroe! These units feature 4 different floorplans, ranging from 2-3 stories with 2 Bedrooms/2 Baths to 3 Bedrooms/2 Baths. Bldg 1 has 5 Units (101-105) totaling 6,312 SF, has been renovated, staged & is ready for immediate move-in! Bldg 2 has 5 Units (106-110) totaling 6,312 SF & needs some work. Bldg 3: 6 Units (111-116) totaling 8,912 SF & needs work. Bldg 4: 7 Units (117-123) totaling 9,887 SF, most of the units are ready for move-in & 2 Units (119 & 120) would be perfect for Airbnb, as they offer spectacular views of Lake Conroe on the 3rd Floor! Bldg 5: 7 Units (124-130) totaling 10,160 SF, some of the units need work & 2 units are occupied. Bldg 6: 7 Units (131-137) totaling 8,996 SF, most units are occupied. Strong value-add opportunity! For more information or to schedule an appointment, call Robert Graham at (936) 672-2087!

FOR SALE DETAILS

PRICE

$10,000,000 USD

PRICE/SF

$198 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Villas On The Lake

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

50,579 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

2.32 AC

LAND SF

101,059 SF

ZONING

None

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Robert GrahamArrowstar RealtyMore Info
936-672-2087

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Robert GrahamArrowstar RealtyMore Info
936-672-2087

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