Property Type: | Property Features:
Property Details
Price: 98798
Year Built: 2015
Floors: 1500
Square Feet: 1
Bedrooms: 1
Bathrooms: 1
Location Info
Address: Donec id odio
City: Pretium
State: Nibh
Zip: 342467
Country: Rhoncus
MLS #: 977666
Property Description
16 units
Equity Multiple: 1.8x-2x
Projected CoC – 10%
Status: Closed
Invest in a high-performing multifamily asset at 16957 Rabon Chapel Rd, Montgomery, TX. This recently renovated and fully occupied 16-unit apartment community offers immediate stability and a powerful 10% Cash-on-Cash (CoC) yield. Perfectly positioned near the scenic Lake Conroe and within the top-rated Montgomery ISD, the property benefits from the explosive population growth of Montgomery County. With modern amenities, limited local competition, and a landlord-friendly environment, this stabilized property is an ideal opportunity for investors seeking strong, consistent returns in a high-demand submarket.
RABON CHAPEL INVESTMENT HIGHLIGHTS
RENOVATED AND FULLY OCCUPIED – The property has been recently renovated, offering updated features and modern amenities, and is currently fully occupied, ensuring steady rental income.
GREAT LOCATION NEAR LAKE CONROE – The property is strategically located near Lake Conroe and other key hubs, providing residents with easy access to recreational activities and essential services.
STRONG DEMAND IN MONTGOMERY COUNTY – There is growing demand for multifamily product in Montgomery County, driven by population growth, a favorable legal environment for landlords, and lighter expense burdens concerning insurance and taxes.
LIMITED MARKET SUPPLY – With limited new multifamily developments and few existing apartment complexes in the vicinity, the property is a great opportunity for a newer owner to invest within the submarket.