PRIME INVESTMENT OPPORTUNITY IN DOWNTOWN CONWAY VILLAGE! Located in the heart of downtown Conway Village, this mixed-use commercial property offers a versatile income generating portfolio featuring 7 residential apartments, a ground floor commercial space, and two detached storage facilities with 86 storage units on 0.78 acres. Residential occupancy has been extremely high, as demand for apartments in this area remains robust. The commercial space benefits from a long term tenant, ensuring steady income, while the storage units remain vastly underutilized, presenting significant potential for growth and increased revenue. Several of the apartments have been recently renovated, and the building’s roof was replaced last year. With a current gross annual income of approximately $128,000, this property offers a solid investment with ample room for increased profitability — making it an ideal opportunity to capitalize on both stable cash flow and long term growth potential.
0.78 Private Acres Lot Size
investment
Built in 1920
MLS/Listing ID 5065857
8 Units
Heating - Oil
Heating - Electric
Heating - Baseboard
Lot - Level
Parking - Paved
Parking - On Site
Granite
Membrane
Electric Water Heater
Style - Multi Level
Style - Multi Family
Construction - Vinyl Siding
Natural Wood
Vinyl
Tile
Carpet
TOTAL MONTHLY COST
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$0
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