Bend Court Duplexes | 111-127 S Bend Ct
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Bend Court Duplexes 111-127 S Bend Ct
12 Unit Block of Flats £2,503,840 (£208,653/Unit) 5.44% Net Initial Yield Willis, TX 77378
Investment Highlights
- 5.8% Cap Rate - Email admin@bhcrehouston.com for NDA
- Portfolio of 6 Quaint Duplexes (12 units, 1,096 SF each) located in Willis,TX
- 3 bedrooms/2 bath units built in 2023
- BRAND NEW! 100% Occupied
- Quiet Community Attracts Great Mix of Tenants
- Just 20 minutes from Sam Houston State University
Executive Summary
Rick Stallings of Coldwell Banker Commercial is pleased to present this portfolio of 6 brand new duplexes consisting of 12 units in rapidly growing Willis, Texas. They are adjacent to one another, making management of these properties relatively easy. 100% leased with an opportunity to raise rents. Currently, leases are $1,500 per unit, with 2 just below that. Recently built in 2023, so there should be very little maintenance.
The duplexes are located in a very quiet community, just 20 minutes from Sam Houston State University, with a student population of over 21,000. The size of these units is perfect for students, single working adults, and small families..
Each duplex is one story with room for 4 vehicles each. Each unit is 1,096 SF each. Each has 3 bedrooms/2 baths and features a nice size kitchen, faux granite counter-tops, range/oven, microwave, dishwasher, full sized refrigerator and ceramic tiled floors throughout. All units have washer/dryer connections, ceiling fans in living rooms and bedrooms, and a private fenced-in yard. All buildings have partial guttering. Landscaping is included in the rent.
Major employers in the area include Texas Dept of Corrections, Sam Houston State University, the Huntsville, Conroe and Willis School Districts. & Conroe Regional Medical Center, The Woodlands Hospital District.
DO NOT DISTURB TENANTS
The duplexes are located in a very quiet community, just 20 minutes from Sam Houston State University, with a student population of over 21,000. The size of these units is perfect for students, single working adults, and small families..
Each duplex is one story with room for 4 vehicles each. Each unit is 1,096 SF each. Each has 3 bedrooms/2 baths and features a nice size kitchen, faux granite counter-tops, range/oven, microwave, dishwasher, full sized refrigerator and ceramic tiled floors throughout. All units have washer/dryer connections, ceiling fans in living rooms and bedrooms, and a private fenced-in yard. All buildings have partial guttering. Landscaping is included in the rent.
Major employers in the area include Texas Dept of Corrections, Sam Houston State University, the Huntsville, Conroe and Willis School Districts. & Conroe Regional Medical Center, The Woodlands Hospital District.
DO NOT DISTURB TENANTS
Property Facts
Price | £2,503,840 | Building Class | C |
Price Per Unit | £208,653 | Lot Size | 0.90 AC |
Sale Type | Investment | Building Size | 13,152 SF |
Net Initial Yield | 5.44% | Average Occupancy | 100% |
Sale Conditions | Portfolio Sale | Number of Floors | 1 |
No. Units | 12 | Year Built | 2023 |
Property Type | Residential | Parking Ratio | 3.65/1,000 SF |
Property Subtype | Apartment | Opportunity Zone |
Yes
|
Apartment Style | Townhome |
Price | £2,503,840 |
Price Per Unit | £208,653 |
Sale Type | Investment |
Net Initial Yield | 5.44% |
Sale Conditions | Portfolio Sale |
No. Units | 12 |
Property Type | Residential |
Property Subtype | Apartment |
Apartment Style | Townhome |
Building Class | C |
Lot Size | 0.90 AC |
Building Size | 13,152 SF |
Average Occupancy | 100% |
Number of Floors | 1 |
Year Built | 2023 |
Parking Ratio | 3.65/1,000 SF |
Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Oven
- Dining Room
- Pantry
Site Amenities
- Fenced Lot
- Laundry Facilities
- Rubbish Collection - Kerbside
- Wi-Fi
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
3+2 | 12 | £1,154 | 1,096 |
1 of 1
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £0 | |
Land Assessment | £122,086 | Total Assessment | £122,086 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£122,086
Improvements Assessment
£0
Total Assessment
£122,086
zoning
Zoning Code | Residential (Residential) |
Residential (Residential) |
1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Bend Court Duplexes | 111-127 S Bend Ct
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.