Multifamily
Windsor, The
303 Eden Dr, Longview, TX 75605
Listing Price: $3,800,000
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of Windsor, a 50-unit apartment community built in 1965 and located in Longview, TX. Windsor offers investors significant first-year tax advantages with an estimated $1.16 million immediate deduction through cost segregation and 100% bonus depreciation. Additional upside includes implementing a utility bill-back program and constructing 15 covered parking spaces with strong ROI potential. Flexible financing options are available, including assuming the existing 5.01% loan or securing interest-only terms. Ideally situated within the well-regarded Longview ISD, Windsor is close to major employers such as CHRISTUS Good Shepherd Hospital, Longview Regional Medical Center, Trinity Industries, and Dollar General’s distribution center. Residents enjoy proximity to Loop 281, Interstate 259, and abundant shopping, dining, and entertainment options.
Windsor, The
Investment Highlights
- $491K+ in Recent Capex Completed Including New Roofs
- Maximize Tax Benefits with 100% Bonus Depreciation $1.16M tax deduction via cost segregation to boost first-year cash flow
- Implement Utility Bill-Back Program Add RUBS for water, gas, and trash to increase NOI
- Introduce Covered Parking for a Fee Build 15 spaces at $1K each for $50/month, 60% ROI
- Attractive Financing Options Available Assume 5.01% loan (2.5 years) or secure interest-only financing
- Zoned within Well-Regarded Longview ISD Serves 8,400+ students with Montessori and IB programs
Listing Price: $3,800,000
Investment Highlights
- $491K+ in Recent Capex Completed Including New Roofs
- Maximize Tax Benefits with 100% Bonus Depreciation $1.16M tax deduction via cost segregation to boost first-year cash flow
- Implement Utility Bill-Back Program Add RUBS for water, gas, and trash to increase NOI
- Introduce Covered Parking for a Fee Build 15 spaces at $1K each for $50/month, 60% ROI
- Attractive Financing Options Available Assume 5.01% loan (2.5 years) or secure interest-only financing
- Zoned within Well-Regarded Longview ISD Serves 8,400+ students with Montessori and IB programs
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing of Windsor, a 50-unit apartment community built in 1965 and located in Longview, TX. Windsor offers investors significant first-year tax advantages with an estimated $1.16 million immediate deduction through cost segregation and 100% bonus depreciation. Additional upside includes implementing a utility bill-back program and constructing 15 covered parking spaces with strong ROI potential. Flexible financing options are available, including assuming the existing 5.01% loan or securing interest-only terms. Ideally situated within the well-regarded Longview ISD, Windsor is close to major employers such as CHRISTUS Good Shepherd Hospital, Longview Regional Medical Center, Trinity Industries, and Dollar General’s distribution center. Residents enjoy proximity to Loop 281, Interstate 259, and abundant shopping, dining, and entertainment options.
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
