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Multifamily

East Haven

2119 E Marshall Ave, Longview, TX 75601

Listing Price: Request For Offer

Number of Units
25
Occupancy
100.0%
Gross SF
26,817

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing of East Haven. Located in Longview, Texas, East Haven is a luxury residential community of rental units comprised of 12 townhomes, five duplexes, and three single-family homes for a total of 25 premium rental units. East Haven Park sits on a total of 2.67 acres, and is conveniently located along US Highway 80. The property is across from the East Texas Montessori Prep Academy, and a short drive from Good Shepherd Medical Center, Downtown Longview, and Major National Retailers. East Haven Park is a quiet community surrounded by sprawling pine trees in the heart of Longview. The units offer an open floor plan with gorgeous modern flooring, huge walk-in closets, granite counter tops, tile backsplash, large utility room with w/d connections, and energy efficient appliances. With stable, positive cash flow, new ownership can further increase returns by increasing rents to market, installing fenced yards, establishing a pet policy with non-refundable deposits and monthly rent, billing tenants for monthly lawncare, and leasing household appliances including washer and dryer. East Haven Park is offered with an assumable Freddie Mac loan with attractive terms or new debt. The current balance of the existing loan is $2,097,172. The interest rate is 3.92 percent and the debt is amortized over 30 years. The loan has approximately 6 years of term remaining and matures March 1, 2028. For more information on financing options, please contact the listing agents.

Investment Highlights

  • STABLE CASH FLOW WITH UPSIDE POTENTIAL
  • CURRENT RENTS 20% BELOW MARKET
  • LOCATED ACROSS FROM NEW MONTESSORI SCHOOL
  • OFFERED WITH ATTRACITVE ASSUMABLE DEBT OR FREE & CLEAR

Exclusively Listed By

Financing By

Listing Price: Request For Offer

Number of Units
25
Occupancy
100.0%
Gross SF
26,817

Investment Highlights

  • STABLE CASH FLOW WITH UPSIDE POTENTIAL
  • CURRENT RENTS 20% BELOW MARKET
  • LOCATED ACROSS FROM NEW MONTESSORI SCHOOL
  • OFFERED WITH ATTRACITVE ASSUMABLE DEBT OR FREE & CLEAR

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing of East Haven. Located in Longview, Texas, East Haven is a luxury residential community of rental units comprised of 12 townhomes, five duplexes, and three single-family homes for a total of 25 premium rental units. East Haven Park sits on a total of 2.67 acres, and is conveniently located along US Highway 80. The property is across from the East Texas Montessori Prep Academy, and a short drive from Good Shepherd Medical Center, Downtown Longview, and Major National Retailers. East Haven Park is a quiet community surrounded by sprawling pine trees in the heart of Longview. The units offer an open floor plan with gorgeous modern flooring, huge walk-in closets, granite counter tops, tile backsplash, large utility room with w/d connections, and energy efficient appliances. With stable, positive cash flow, new ownership can further increase returns by increasing rents to market, installing fenced yards, establishing a pet policy with non-refundable deposits and monthly rent, billing tenants for monthly lawncare, and leasing household appliances including washer and dryer. East Haven Park is offered with an assumable Freddie Mac loan with attractive terms or new debt. The current balance of the existing loan is $2,097,172. The interest rate is 3.92 percent and the debt is amortized over 30 years. The loan has approximately 6 years of term remaining and matures March 1, 2028. For more information on financing options, please contact the listing agents.

Exclusively Listed By

Financing By

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