Description
Rare find with these two recently refreshed buildings located in the heart of downtown Longview. These buildings feature 13 apartments and 3 large commercial spaces that are spread over 2 tax parcels. Buildings have newer plumbing, new laundry centers, new appliances, paint, flooring, windows, and much much more. These properties are being offered at a 5.7% CAP Rate with a Proforma CAP Rate of 6.5% and have had a great rental history since the renovations started plus commercial vacancy is at an all-time low in the area. Potential apartment conversion of the second-floor commercial space too. These would make an excellent addition to your investment portfolio to enjoy the passive cash flow from this. Call today for more details.
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0.28ACRES
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01/2 BATHS
School Ratings & Info
Listing Courtesy of Woodford Cre.Description
Rare find with these two recently refreshed buildings located in the heart of downtown Longview. These buildings feature 13 apartments and 3 large commercial spaces that are spread over 2 tax parcels. Buildings have newer plumbing, new laundry centers, new appliances, paint, flooring, windows, and much much more. These properties are being offered at a 5.7% CAP Rate with a Proforma CAP Rate of 6.5% and have had a great rental history since the renovations started plus commercial vacancy is at an all-time low in the area. Potential apartment conversion of the second-floor commercial space too. These would make an excellent addition to your investment portfolio to enjoy the passive cash flow from this. Call today for more details.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-07-04T23:13:53.863. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".