Willow Creek

1224 S High St, Longview, TX 75602

  • For Sale $3,000,000
  • 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 Dec 10, 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.

Contacts

broker

SVN | Trinity Advisors

Location

Getting Around

  • Walk Score ®

    57/100 Somewhat Walkable
  • Bike Score ®

    40/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Longview, TX
  • Zip Code 75602

Points of Interest

  • Yellow Checker Cabs

    2.86 miles

  • Chevron

    1.65 miles

  • CEFCO

    1.78 miles

  • E-Z Mart

    2.01 miles

  • Brake Time

    2.12 miles

  • Exxon

    2.22 miles

  • Valero

    2.28 miles

  • Alon

    2.71 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

  • Majestic Inn

    2.33 miles

  • Texas Lodge

    2.44 miles

  • Guest Inn Longview

    2.52 miles

  • La Quinta Inn

    2.58 miles

  • Comfort Inn & Suites Longview South I-20

    2.61 miles

  • Taco's Lucerito

    0.80 miles

  • El Rincon

    0.85 miles

  • El Taquito

    0.87 miles

  • Bodacious Barbecue

    1.12 miles

  • Lil Thai House

    1.23 miles

  • Judd's Downtown

    1.23 miles

  • Catfish King

    1.36 miles

  • It'll Do Deli

    1.46 miles

  • Corner Cafe

    1.46 miles

  • Whataburger

    1.49 miles

  • Ware Elementary School

    0.11 miles

  • South Ward Elementary School

    0.79 miles

  • Longview Early Graduation High School

    0.87 miles

  • South Side School

    0.97 miles

  • Former site of Mary C Womack High School

    0.97 miles

  • Kilgore College-Longview

    1.04 miles

  • LeTourneau University

    1.33 miles

  • Foster Middle School

    1.74 miles

  • Trinity School of Texas

    1.78 miles

  • McClure Elementary School

    1.89 miles

  • House of Tots Creative School

    0.75 miles

  • Bethel Temple Childcare & Learning Center

    0.85 miles

  • Sharon's Kid Korner Day School

    1.33 miles

  • SeeSaw Children's Place

    3.01 miles

  • Cool Catz

    9.62 miles

Frequently Asked Questions

How much does Willow Creek cost?

The space currently listed for sale at Willow Creek asks for $3,000,000.

What is the total square footage of Willow Creek?

Willow Creek totals 35,000 square feet.

When was this property built?

Willow Creek was built in 1955.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker

SVN | Trinity Advisors