1224 South High Street, Longview, TX for sale

Investment Overview

This 48,787 SF multifamily property comprises 39 units and represents a value-add investment opportunity in East Texas. The asset has yet to reach its income potential, currently generating nearly $15,000 in monthly income. Its below-market occupancy provides a defined path for targeted lease-up and subsequent increased revenue. New roof currently in progress. The property benefits from a Longview location with convenient access to retail, dining, recreation, and higher education, factors that support resident demand for multifamily housing in the immediate area. Strategically located on High Street, more than 10,000 vehicles per day pass through this highly-visible and accessible area.

Investment Highlights

• Nearby Lakeport offers recreational activities for all ages
• Retail and dining options can be found at Longview Towne Crossing and Longview Mall
• The location's close proximity to major employers and educational institutions, such as East Texas Baptist University and LeTourneau University, makes it a desirable area for potential residents
• Value-add upside for multi-family investors
• New management as of June 1, 2026
• New roof currently in progress