Willow Creek

For Sale

1224 S High St, Longview, TX 75602

This Longview property for sale is located at 1224 S High St. The current listed sale price for Willow Creek is $3,000,000. Willow Creek is situated on a lot that is 1.12 acre in size.

Contacts

broker

Scott Henderson

SVN | Trinity Advisors

Property Details

  • Property Type Multi-Family
  • Property Size 35,000 SF
  • Units 39
  • Lot Size 1.12 Acre
  • Additional Rent Contact for pricing
  • Year Built 1955
  • Year Renovated 2022
  • Date Updated Oct 8, 2024
Centrally located in East Texas, a growing region • Just 100 miles from the DFW Metroplex • Situated within the combined markets of Tyler and Longview • Part of the highly popular wooded East Texas market • Positioned in a key economic driver for the regionSVN | Trinity Multifamily Advisors are pleased to present the exclusive listing of Willow Creek Apartments, a well- positioned 39-unit value-add opportunity located in Longview, TX. Willow Creek sits on approximately 1.12 AC in the growing Longview Market. The asset was constructed in 1955 and has gone through significant renovations over the past several years. The commuter-friendly location is 1.5 miles away from downtown Longview, across the street from Ware Elementary School, less than 10 minutes from Foster Middle School, and another 10 minutes from Longview High. Aside from Willow Creek’s fantastic location, this property has an excellent unit mix of 1x1 & 2x1.5 floorplans with continued rental upside despite the units having gone through renovations. Some of the unit upgrades includes; new paint, appliances, flooring, and bathroom & kitchen upgrades. Willow Creek is being offered on a free & clear basis. For a qualified buyer, ownership is offering to prepay 3 years of estimated property taxes, in an escrow account.

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Highlights

  • For a qualified buyer, ownership is offering to prepay 3 years of estimated property taxes, in an escrow account.
  • Property is currently operating at capacity with waiting list, which merits rental increase consideration.
  • Management has concluded RUB system would further expand NOI by reducing overall utility expenses for the property.

Getting around

  • 57/100

    Walk Score ®

  • 40/100

    Bike Score ®

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Location

  • City Longview, TX
  • Zip Code 75602

Points of Interest

  • Yellow Checker Cabs

    2.86 miles

  • CEFCO

    1.78 miles

  • Exxon

    2.22 miles

  • Valero

    2.28 miles

  • Fina

    2.71 miles

  • Exxon

    2.71 miles

  • Fina

    2.72 miles

  • Murphy USA

    3.21 miles

  • Exxon

    3.42 miles

  • Shell

    4.17 miles

  • Shell

    4.25 miles

  • Guthrie Park Parking

    2.19 miles

  • Rotary Park Parking

    2.28 miles

  • Super 8 by Wyndham Longview/North

    1.60 miles

  • Homewood Suites by Hilton Longview

    1.66 miles

  • Motel 6

    1.87 miles

  • Knights Inn

    2.32 miles

  • America's Best Value Inn

    2.32 miles

  • Guest Inn Longview

    2.52 miles

  • La Quinta Inn

    2.58 miles

  • Comfort Inn & Suites Longview South I-20

    2.61 miles

  • Quality Inn & Suites Longview I-20

    2.64 miles

  • Holiday Inn Express & Suites Longview South I-20

    2.65 miles

  • Super One Foods

    0.50 miles

  • Kroger

    1.56 miles

  • Super 1 Foods & Discount Pharmacy

    2.21 miles

  • Walmart Supercenter

    3.31 miles

  • Skinner's Grocery & Market

    3.37 miles

  • Super 1 Foods

    3.97 miles

  • Supemercado Monterrey

    4.06 miles

  • ALDI

    4.07 miles

  • Dillard's

    4.21 miles

  • TJ Maxx

    4.31 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Scott Henderson

SVN | Trinity Advisors