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200 Panorama Drive

Panorama Village, TX 77304
  • $2,500,000
  • STATUS: Active Under Contract
  • ON SITE: 40 Days
  • MLS #: 45778313
Under Contract
UPDATED: 73 min ago
$2,500,000
  • 2
    BEDS
  • 1.42
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 18,238
    SQFT
  • $137
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1987
County:

School Information

Elementary School:
High School:
School District:

Description

Fantastic opportunity for investors for a 16 unit FULLY LEASED 55+ apartment complex-Located on the 20th Green of the Panorama Golf Course! The 2 story apartment building has an elevator in addition to stairs at both ends of the building. Each spacious unit is approx 1,200 SF & offers 2 bedrooms / 2 full bathrooms - primary has a walk-in shower. There is 1 reserved covered parking space for each apartment & additional parking for guests. There are 6 golf cart sized garages that are also fully leased. 2 lots are being included in the sale - R131723 and R131724 totaling 2.21 Acres - plenty of room to add a second apartment building & additional parking. Located conveniently near the Woodlands and Conroe. Please don't walk the property without owner's consent. Qualified investors will have the opportunity to look at the property in detail during the feasibility period. Verify all room sizes. Property being sold as is, where is. Please see the Matterport tour of one unit using the link.

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© 2022 Houston Realtors Information Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-05-25T15:13:55.71.
www.texaseliteliving.com/homes/127709386
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200 Panorama Drive Panorama Village, TX 77304

  • Price: $2,500,000
  • Status: Active Under Contract
  • On Site: 40 Days
  • Updated: 73 min ago
  • MLS #: 45778313
2
Beds
2
Baths
0
½ Baths
1.42
Acres
18,238
SQFT
$137
$/SQFT
1987
Built
Neighborhood:
Panorama-Green Briar 02
County:
Montgomery
Area:
39 - Montgomery County NW
Elementary School:
A.r. Turner Elementary School
Middle School:
Robert P. Brabham Middle School
High School:
Willis High School
School District:
Willis
Property Description
Fantastic opportunity for investors for a 16 unit FULLY LEASED 55+ apartment complex-Located on the 20th Green of the Panorama Golf Course! The 2 story apartment building has an elevator in addition to stairs at both ends of the building. Each spacious unit is approx 1,200 SF & offers 2 bedrooms / 2 full bathrooms - primary has a walk-in shower. There is 1 reserved covered parking space for each apartment & additional parking for guests. There are 6 golf cart sized garages that are also fully leased. 2 lots are being included in the sale - R131723 and R131724 totaling 2.21 Acres - plenty of room to add a second apartment building & additional parking. Located conveniently near the Woodlands and Conroe. Please don't walk the property without owner's consent. Qualified investors will have the opportunity to look at the property in detail during the feasibility period. Verify all room sizes. Property being sold as is, where is. Please see the Matterport tour of one unit using the link.
Exterior Features

Front Door Faces Southeast Lot Description ClearedCornerIn Golf Course CommunityOn Golf CourseWooded Parking Desc Carport Parking Parking Per Unit One Roof Composition

Interior Features

Compactor No Cool System Central Electric Dishwasher Yes Disposal Yes Floors CarpetTile Heat System Central Gas Microwave No Range Yes Refrigerator Yes

Property Features

Contract Type Commercial Country United States Disclosures Tenant Occupied Expense Owner Operating InsuranceMaintenance/RepairTaxesTrash CollectionWater/Sewer Fee Other No Finance Available Cash SaleConventionalInvestor Lot Size Source Appraisal District Lot Value No Maintenance Fee Yes No No Management Co YN No Misc Features Fire/Smoke AlarmPrivate EntryWasher/Dryer Connections New Construction No Property Sub Type 5 Plus Restrictions Deed Restrictions Sq Ft Source Appraisal District Tax Amount 25339 Tax Rate 2.4982 Tax Year 2021 Unit Features BalconyElevatorFireplacePatio Year Built Src Appraisal District

Listing information © 2022 Houston Association of REALTORS® MLS.
Listing courtesy of Greater Houston Commercial.



© 2022 Houston Realtors Information Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-05-25T15:13:55.71.
 
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