Multifamily
4505 Cannon St
4505 Cannon St, Longview, TX 75604
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is excited to offer this well maintained 10-unit apartment complex in Longview, Texas. 4505 Cannon is situated on a half-acre lot and was constructed in 1977. The location is ideal, tucked away towards the end of a quiet court to the north of town. The subject property also features a desirable mix of spacious one-bedroom and two-bedroom units, ranging from approximately 630 to 840 square feet. Residents enjoy the convenience of surface parking directly in front of their unit as well as patio space in the rear. Currently the owner pays for water and trash services, while tenants are responsible for their own electricity. 4505 Cannon is currently 100% occupied and historically has outstanding tenant retention. This property has been in the same family for 15 years, leaving room for operational improvement. This complex stands out as a prime investment opportunity in the consistently strong Longview rental market.
4505 Cannon St
Investment Highlights
- Exceptional 10-unit apartment complex in Longview, Texas, featuring a desirable mix of spacious one-bedroom and two-bedroom units built in 1977
- Aesthetically pleasing appearance, exterior has seen updates in the past five years
- Prime location just off Cannon St, offering residents convenience and easy access to local amenities
- Owner currently pays for water and trash services, while tenants are responsible for electricity, making the property attractive for both investors and tenants.
- Boasts a strong history of 100% occupancy and outstanding tenant retention, highlighting its value as a prime investment opportunity in Longview's robust rental market.
Exclusively Listed By
Listing Price: Request For Offer
Investment Highlights
- Exceptional 10-unit apartment complex in Longview, Texas, featuring a desirable mix of spacious one-bedroom and two-bedroom units built in 1977
- Aesthetically pleasing appearance, exterior has seen updates in the past five years
- Prime location just off Cannon St, offering residents convenience and easy access to local amenities
- Owner currently pays for water and trash services, while tenants are responsible for electricity, making the property attractive for both investors and tenants.
- Boasts a strong history of 100% occupancy and outstanding tenant retention, highlighting its value as a prime investment opportunity in Longview's robust rental market.
Investment Overview
Marcus & Millichap is excited to offer this well maintained 10-unit apartment complex in Longview, Texas. 4505 Cannon is situated on a half-acre lot and was constructed in 1977. The location is ideal, tucked away towards the end of a quiet court to the north of town. The subject property also features a desirable mix of spacious one-bedroom and two-bedroom units, ranging from approximately 630 to 840 square feet. Residents enjoy the convenience of surface parking directly in front of their unit as well as patio space in the rear. Currently the owner pays for water and trash services, while tenants are responsible for their own electricity. 4505 Cannon is currently 100% occupied and historically has outstanding tenant retention. This property has been in the same family for 15 years, leaving room for operational improvement. This complex stands out as a prime investment opportunity in the consistently strong Longview rental market.
Exclusively Listed By
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