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16957 Rabon Chapel Rd, Montgomery, TX, 77316

Rabon Chapel Apartments
Closed

Key Information

Tot. SF
10,400
Units
16
Year Built
1979
Type
Apartments

Highlights

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.
  • ZONED SCHOOLS
    • Lone Star Elementary: A (Niche)
    • Oak Hills Junior High: A (Niche)
    • Lake Creek High School: A- (Niche)

Photos

Location

Agents

Broker of Record

Patrick Graham

License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225