Multi Family Investment Properties for Sale in Conroe, TX
594- 5 Bed
- 3 Bath
- 2582 sft
208- 2 Bed
- 2 Bath
- 2383 sft
495- 2 Bed
- 2 Bath
- 2284 sft
105- 2 Bed
- 2 Bath
- 2070 sft
Why Invest in Conroe, Texas?
Multi-family properties in Conroe, TX offer strong investment potential with steady rental demand from the growing Houston metro workforce. Investors benefit from solid cap rates around 6-7% and average rents near $1,600 per unit. Annual appreciation holds at 3-5%, supported by population influx and new construction. Renter occupancy exceeds 50%, bolstered by major employers and infrastructure growth. Cash flow averages $15K annually per property, making it ideal for passive income strategies.
Frequently Asked Questions
Conroe's multi-family sector offers 6.5% cap rates and 55% renter occupancy due to Houston commuter demand. Steady 4% appreciation and $15K avg cash flow make it resilient. Growth from migration supports long-term holds.
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