About 1404-1406 April Villas
Fantastic Opportunity for Investors. Two Fourplex’s in April Sound. One of the hottest gated communities on Lake Conroe. The Two Fourplex's are located on a low traffic cul-de-sac. Newly installed 30-year roofs on both buildings. Each building features four 2 Bedroom 2 Bath fully furnished units. The property has operated as a short term Corporate Rental business by owner since new. 5 of the 8 units have new Kitchen quartz counters, subway tile back splash, stainless steel appliances, fresh paint and Cabinet hardware. Well Maintained units have consistently produced a strong, steady, positive income. Each fourplex has 7 parking spaces with 3 garages. Only one tax bill, one insurance bill, and only one HOA & CC fee per building with eight doors of income. Very seldom do you find multifamily buildings for sale in April Sound. April Sound offers lake access with many amenities and is situated close to medical, shopping, restaurants with easy commute to major employers.
Features of 1404-1406 April Villas
| MLS® # | 3117636 |
|---|---|
| Price | $1,750,000 |
| Units | 8 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 7,524 |
| Square Footage | 6164 |
| Year Built | 2005 |
| Type | Multi-Family |
| Sub-Type | Fourplex |
| Status | Active |
Community Information
| Address | 1404-1406 April Villas |
|---|---|
| Area | 39 - Montgomery County NW |
| Subdivision | April Sound |
| City | Conroe |
| County | Montgomery |
| State | Texas |
| Zip Code | 77356-8859 |
Amenities
| Utilities | Electric, Water |
|---|---|
| Features | Washer/Dryer Connections, Fire/Smoke Alarm, Balcony, Carpets, Furnished, Patio, Window Coverings |
| Parking | Garage Parking |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central Electric |
|---|---|
| Cooling | Central Electric |
| Fireplace | No |
| # of Stories | 2.00 |
Exterior
| Lot Description | Cul-De-Sac, In Golf Course Community, Wooded |
|---|---|
| Roof | Composition |
School Information
| District | 37 - Montgomery |
|---|---|
| Elementary | STEWART CREEK ELEMENTARY SCHOOL |
| Middle | OAK HILL JUNIOR HIGH SCHOOL |
| High | LAKE CREEK HIGH SCHOOL |
Additional Information
| Days on Website | 65 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Has Maintenance Fee | Yes |
| Maintenance Fee Amount | $255 |
| Maintenance Fee Schedule | Quarterly |
| Maintenance Fee Includes | Clubhouse, Courtesy Patrol, Limited Access Gates, On Site Guard, Recreational Facilities |
| Tenancy Type | 1 Year, 6 Month, Month to Month |
| Occupancy | Rental, 10% to 20% Vacancy |
| Finance Available | Cash Sale, Conventional, FHA, Investor, VA |
| Expense Owner Operating | Maintenance/Repair, Taxes, Electric, Insurance, Management, Reserves for Furniture, Carpets, Mech, Trash Collection, Water/Sewer |
| Property Tax | $7,583 |
| Property Tax Rate | 2.170 |
| Property Tax Year | 2022 |
| Restrictions | Deed Restrictions |
Listing Details
| Office | Coldwell Banker Realty - Lake Conroe/Willis |
|---|