Rabon Chapel Apartments

16 units
Equity Multiple: 1.8x-2x
Projected CoC – 10%
Status: Closed

Invest in a high-performing multifamily asset on 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.